The comparative condensed statements of financial position of Garcia SLU are presented below.

Instructions

a. Prepare a horizontal analysis of the statement of financial position data for Garcia using 2024 as a base.

b. Prepare a vertical analysis of the statement of financial position data for Garcia in columnar form for 2025.
Prepare horizontal and vertical analyses.

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Assets Garcia SLU Comparative Condensed Statements of Financial Position December 31 2025 2024 Intangibles 24,000 40,000 Property, plant, and equipment (net) 100,000 92,000 Current assets Total assets Equity and liabilities Equity Non-current liabilities 76,000 82,000 200,000 214,000 20,000 16,000 140,000 Current liabilities 40,000 150,000 48,000 Total equity and liabilities 200,000 214,000