Tubes bebw we the financial summary of Marigold Led for the years 2019 and 2020 wach we prepared on June 30 each yes 2020 2019 Income Statement Marigold Led S400.000 $500.000 Sales Revenues Cost of goods sold $210.000 $200.000 Gross profil S181.000 5.300.000 Operating perses $55.000 S80.000 Profit before interest and taxes $135,000 $220.000 Interest Expense $15.000 $10.000 Pranit before income to $120.000 $210,000 550.000 $20.000 CONORA S712000 S120.000 Mer Prato 2020 2019 Balance sheed Marigold Led $15.000 s10000 Cash Account Receivables $30.000 $25.000 Inventory $75,000 $75.000 Pred lasers $10.00 $15.000 Total current Asset $130.000 $125.000 000080 S500.000 5400.000 Property. Plent and Equipment 100 000 (85.000 Ad Dearadation $400,000 $115.000 Tocal Property. Plant and Equipment S500.000 5440.000 TOTAL ASSETS Account Payable $40.000 550.000 Other Current Labibles $25.000 Total current abities S65.000 590.000 Rank Loans $35.000 $70,000 $35.000 S70.000 Bank Loans 540000 S87.000 Debenture Payables $140.000 $240.000 TOTAL LIABILITIES $290.000 $150.000 Ordirury Shares Retained Eaming S100.00 550.000 TOTAL SHAREHOLDERS' EQUITY $390.000 $200,000 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $530.000 $440.000 $530.000 S440.000 TOTAL LLABILITIES & SHAREHOLDERS' EQUITY Reoret Financial Statement Anysis and Ratio Analysis are commonly used to produce information on the business performance and therefore it heps to dentity the problemas early so that the prompt decisions can be made to correct the problems and improve the business performance You are ruired to demonstrate some matysis to draw information on Marigold Led performance during the 2-year period 2019 and You cations and writing should be well developed in a structure of analysing this company's performance based on 4 main categories La El Sale Finally, you might need to provide some comments on current trends and suggestionstecommendations to improve the company's performance in the futurell you believe that Marigold Lid is currently facing some problema given your arus VUA. IEEJ]]** EE