Question: Construct a Common Size Balance Sheet for HIJ Supply & Distributors Inc. and complete the following analysis: - Analyze Accounts Receivables and provide possible reasons

Construct a Common Size Balance Sheet for HIJ Supply & Distributors
Inc. and complete the following analysis:
- Analyze Accounts Receivables and provide possible reasons for changes between the two years.
- Calculate the percentage increase on the following and comment about possible
reasons for the changes:
o Cash
o Estimated Returns Inventory
o Salaries Payable
- As an investor, what are your views about HIJ liquidity? (Use liquidity ratios in
your analysis to present your argument
Construct a Common Size Balance Sheet for HIJ Supply & Distributors

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