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Left Margin 4. a) Using information from Ruth's Hospitality Group below, prepare a comparative balance...

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Left Margin 4. a) Using information from Ruth's Hospitality Group below, prepare a comparative balance sheet (horizontal statements) using financial data from 2016 and 2017. 5pts b) Provide an analysis of the company's performance from 2016 to 2017. 5pts Ruth's Hospitality Group Balance Sheets ($ in millions) 2016 2017 Current Assets Cash Accounts Receivables Inventory Total CA $210 355 507 $1,072 $215 310 328 $853 Fixed Assets Net Buildings, Furniture & Equipment $6,085 $6,527 Total Assets $7,157 $7,380 Current Liabilities Accounts Payable Notes Payable Total CL $ 207 1,715 $ 298 1,427 1,725 1,922 Long-term Debt 1,987 2,308 Owners' Equity Common Stock and Paid-in Capital Retained Earnings Total OE 1,000 2,248 3,248 1,000 2,347 3,347 Total Liabilities & Owners' Equity $7,157 $7,380

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