Analyze the financial performance of Owens Jewelry Products based on ALL the financial statements (using ratios and cash flows.)

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Owens Jewelry Products info for the last two years Balance sheets Balance Sheet Year 2 Year 1 Assets Current Assets Cash $43,050 $23,925 Accounts receivable 34,125 39,825 Inventory 156,000 146,475 Prepaid Expenses 3,600 1,650 Long term assets Equipment 135,825 146,700 Accumulated Dep. Plant assets (61,950) (47,550) Total Assets $310,650 $311,025 Liabilities Current Liabilities Accounts Payable 28,800 33,750 Income Tax Payable 5,100 4,425 Dividends Payable 0 4,500 Long-term liabilities Bonds Payable 0 37,500 Total Liabilities $33,900 $80,175 Stockholders' Equity Common Stock $10 par 168,750 168,750 Retained Earnings 108,000 62,100 Total Liab. And Stockholders Equity Total Liab. And Stockholders Equity $310,650 $311,025 Owens Jewelry Products info for the last two years Balance sheets Balance Sheet Year 2 Year 1 Assets Current Assets Cash $43,050 $23,925 Accounts receivable 34,125 39,825 Inventory 156,000 146,475 Prepaid Expenses 3,600 1,650 Long term assets Equipment 135,825 146,700 Accumulated Dep. Plant assets (61,950) (47,550) Total Assets $310,650 $311,025 Liabilities Current Liabilities Accounts Payable 28,800 33,750 Income Tax Payable 5,100 4,425 Dividends Payable 0 4,500 Long-term liabilities Bonds Payable 0 37,500 Total Liabilities $33,900 $80,175 Stockholders' Equity Common Stock $10 par 168,750 168,750 Retained Earnings 108,000 62,100 Total Liab. And Stockholders Equity Total Liab. And Stockholders Equity $310,650 $311,025