Question: Balance sheet Explain the development these years looking on the statement, and critically evaluate the financial statement, cross-sectionally and identify their main strengths and weaknesses

 Balance sheet Explain the development these years looking on the statement,

Balance sheet

Explain the development these years looking on the statement, and critically evaluate the financial statement, cross-sectionally and identify their main strengths and weaknesses and make recommendations for future improvement.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 Period Ending: Current Assets Cash and Cash Equivalents Short-Term Investments $1,784,000 $1,121,000 $1,139,000 $1,342,000 $10,437,000 $8,525,000 $17,694,000 $18,650,000 Net Receivables $11,194,000 $9,508,000 $11,399,000 $11,271,000 $8,046,000 $7,068,000 $7,508,000 $7,578,000 Inventory Other Current Assets Total Current Assets $3,605,000 $6,581,000 $12,186,000 $2,301,000 $35,067,000 $32,803,000 $49.926.000 $41,141,000 Long-Term Assets Long-Term Investments $20,262,000 $2,767,000 $7.015.000 $13,865,000 Fixed Assets $20,147,000 $12.969,000 $48,202,000 $13.900,000 $49,577,000 $13,385,000 Goodwill $53,411,000 $55,952.000 Intangible Assets $28,471,000 $33,936,000 $35,211,000 $48,741,000 Other Assets $4,569,000 $17,626,000 $2,799,000 $3,227,000 Deferred Asset Charges $2,383,000 $1,911,000 $1,924,000 $1,855,000 Total Assets $154,229,000 $167,594,000 $159,422,000 $171,797,000 Current Liabilities $10,578,000 $9,361,000 $9,358,000 $10,383,000 $8,831,000 $2,703,000 $16,195,000 $9.953,000 $12.640,000 $11,747,000 $12,643,000 $11,115,000 $25,920,000 $37,304,000 $31,858,000 $30,427,000 $48,693,000 $48,081,000 $47,646,000 $52,235,000 Accounts Payable Short-Term Debt / Current Portion of Long-Term Debt Other Current Liabilities Total Current Liabilities Long-Term Debt Other Liabilities Deferred Liability Charges Misc. Stocks Minority Interest Total Liabilities Stock Holders Equity $12.080.000 $13,111,000 $12.460,000 $13,579,000 $4,063,000 $5,652,000 $3,900,000 $3,700,000 $351,000 $235.000 $303,000 $348,000 $90,991,000 $104,451,000 $96,015,000 $100,489,000 Common Stocks $470,000 $468,000 $467,000 $464.000 Capital Surplus Retained Earnings Treasury Stock Other Equity Total Equity Total Liabilities & Equity $96,770,000 $97,670,000 $89,554,000 $85,291,000 $110,988,000 $110,801,000 $101,610,000 $89,425,000 $88,674,000 $87.428,000 $86,253,000 $84,278,000 $11,688,000 -$11.640.000 -$11,275,000 $9,321,000 $63,238,000 $63,143,000 $63,407,000 $71,308,000 $154,229,000 $167,594,000 $159,422,000 $171,797,000

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