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  • Prepare a comparative balance sheet, income statement, and statement  of cash flows, and perform a horizontal analysis of the company‚Äôs  balance sheet, income statement, and statement of cash flows for the  most recent 2 years. Identify at least one significant change (increase  or decrease) from one year to the next in a balance sheet account,  income statement account, and statement of cash flows account.
  • Identify the causes of the change in each of these accounts.
  • Discuss the implications of each of these account changes, and your  assessment of the company based on these changes. Do these changes  reflect positively or negatively on the company, and what is your  assessment of the outlook for the company?

Your initial response should be a minimum of 200 words.

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