Conduct a horizontal analysis on any 5 items each from the balance sheet and the income statement of Microsoft crop

Comments: Styles Current Ratio- (deleted by instructor) Acid Test Ratio (deleted by instructor) Inventory Turnover- (deleted by instructor) A/R turnover (deleted by instructor) 16. Conduct a horizontal analysis on any 5 items each from the balance sheet and the income statement. For illustrative purposes, only 4 are shown here. 75 Balance Sheet 2009 2008 Amount Percentage Cash 864 2450 - 1586 -6596 Total Inventory_6705 6780 -1% LA/P 6337 6721 -696 Net Receivables 8753 8651 102 196 Comment: The Balance Sheet shows Target's struggle between 2008 and 2009. The struggles were caused due to competition as well as chain growth and the expenses involved. *All values are expressed in the millions except percentage. Income 2009 2008 Amount Percentage Statement Total Revenue 64948 63367 1 1581 112.555 Gross Profit 19182 19601 419 -2.1396 Depreciation 1826 1659 10.196 Total Expenses 12954 12670 2.2496 *All values are expressed in the millions except percentage. Comment: (deleted by Instructor) 17 Conduct a vertical analysis on any five items each from the balance sheet and the income statement. For illustrative purposes, only 4 are shown here