Tic-Tac Homes has had the following balance sheet statements the past four years (in thousands): Using index

Question:

Tic-Tac Homes has had the following statements the past four years (in thousands):

Tic-Tac Homes has had the following balance sheet statements the

Using index analysis, what are the major problems in the company's financial condition?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...