This was all I got for information: First, download the Project #4 template (per attachment)

2. Complete a vertical and horizontal analysis on the tabs labeled "Balance Sheet" and "Income Statement," use total assets on the balance sheet and net sales on the income statement for your vertical analysis.

3. Using the balance sheet and income statement, complete the ratios on the tab labeled "Ratios."

4. Using a MEMO format, using your analysis from above, tell me in 1 page how the company performed 2020 vs 2019

This was all the information I got & I am very confused on how to even set this up as I don't think my professor gave me enough information?. We also didn't go over MEMO format in class, all I can find on the internet is templates but I wan to know how to actually put one together from scratch. If anyone can help me understand this better I'd appreciate it. Thank you