What part of a company's annual report is written by the company and could present a biased view of financial conditions and results? O Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) O Auditor's Report Income Statement Balance Sheet Question 2 1 pts 2019 2018 2019 2018 Liabilities: Assets: Current Assets: Cash Accounts Receivable $1,813 $1,611 Total Liabilities Merchandise Inventory $1,324 $1,060 Stockholders Equity: Prepaid Expenses $1,709 $2,120 Common Stock, no par $6,568 $4,363 $7,230 $8,467 $4798 $3,792 $12,028 $12,259 Current Liabilities $2,450 $2,094 Long-term Liabilities Total Current Assets $7,296 $6,885 Retained Earnings $7.200 $6,000 $18,500 $15,737 Total Stockholders Equity $13,768 $10,363 $25,796 $22,622 Total Liabilities & SE $25,796 $22,622 Other Assets Total Assets HORIZONTAL ANALYSIS of Liberty's balance sheet for 2019 would report: a 17% increase in Cash O Cash as 9.5% of total assets inventory turnover of 6 times a current ratio of 1.01