You are to study the following financial statements for mo furniture stores and then anger the question which follow- Financial Statements A B $'000 S'000 S'000 S'000 Income Statements Sales 2,500 1.600 Opening Inventory 190 110 Add Purchases 2,100 1,220 Less Closing Inventory" (270 (160) (1.170) Gross profit 430 430 Less Directors remuneration 70 120 Wages and salaries 180 130 Other expenses 14 (264) 10 12601 Net profit 166 170 Statement of financial position Non-current assets Equipment at cost 264 Less Acc. depreciation (106) 15S 62 Current Assets Inventory 220 160 Accounts receivable 104 29 Bank 75 399 10 199 Total Assets 261 Share capital 200 100 General reserve 35 Retained profit 100 363 223 Current Nabilities Accounts payable 189 Total Capital and current liabilities 261 Required After calculating appropriate rados, prepare a report that conuntents on the recent performance and financial health of the pro companies