The statements of financial position of Treasury Limited at 31 December 2020 and 2021 are as follows. The summarized Statement of Comprehensive Income for the two years ended 31December 2020 and 2021 are as follows: REQUIRED: (A)Assess the profitability of Treasury Limited over the two-year period with aid of the following ratios, Gross profit Margin, Net Profit Margin and Return on Equity (8 marks) (B) Assess the liquidity and solvency of the company over the two-year period using the current ratio, acid test ratio and the total liability to total assets ratio. (10 marks) (C) Explain the difference between vertical and horizontal financial analysis (2 marks)