Question: Hello! Please help me with the following assignment! I would love to compare my work/answers with a tutor, thanks! :) Assignment 5 on FA Once

Hello! Please help me with the following assignment! I would love to compare my work/answers with a tutor, thanks! :)

Hello! Please help me with the followingHello! Please help me with the following
Assignment 5 on FA Once you have completed the assignment below, you must submit your answers using the answer sheet provided in Canvas; not all answers will be turned in and not all answers will be graded. Once submitted, your answers cannot be changed. but where appropriate, partial credit will be given, For future reference, you should keep a copy of your answers {outside of Canvas} as they will not be available to view given the nature of the grading process. The following data is available tor Alpha and Beta: Alpha Beta Year 3 Year 2 Year 1 Year 3 Year 2 Year 1 Income Statement Ftevenue 13,91? 11,51 T 12,?20 18,548 17,135 18,359 Cost of goods sold 72559 5,811 5,535 9,511 8,515 9,811 Selling 8. admin. expenses 2,297 1,834 2,095 2,200 1,951 2,089 Interest expense 70 20 1 1 198 338 345 Tax expenSe 45 35 20 75 50 55 Net Income 3,835 3,81? 5,057r 5,559 5,212 5,059 Balance Sheet Aesets Cash 1 ,185 9?5 1 ,235 3,351 2,578 1 ,973 Accounts receivable 2,037 1,500 1,584 2,501 2,280 1,584 Inventory 255 254 452 455 300 315 Property 8; equipment {net} 9,170 5,389 1,194 10,254 3,855 3,597 Total Assets 12,557 8,219 4,4?5 15,5?1 9,124 ?,559 Liabiifttes Accounts payable 891 ?45 7'30 2,?25 2,259 1,597 Unredeemed gift cards 1,020 599 932 422 328 350 Long term liabilities 525 490 345 2,?98 2,088 1,?47 Stookhotders' Equity Commom stock 815 815 815 1,290 1,290 1,290 Retained earnings 9,305 5,4?0 1,553 9,435 3,159 2,585 Total Liabilities and Equity 12,557 8,219 4,475 16,5?1 9,124 ?,659 Ruired: A. Calculate a horizontal analysis for revenues, net income and long-term liabilities then briefly explain which company has better results for each. B. Calculate all of the ratios presented in class for each company and assess the relative results. Round and state each ratio as presented in class. C. Based on your results in requirement B, which company would you rather sell inventory to [it sold on account}, make a long-term loan to andfor invest in? Briefly explain why for each. D. If Alpha purchased $1,500 of equipment on account in year 3, how would that transaction impact its current ratio, debt to assets ratio and return on assets ratio? Page 1 Cult

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