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 ft Required: 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 (if sold on account), make a long-term loan to and/or 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? 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 ft Required: 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 (if sold on account), make a long-term loan to and/or 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