The comparative condensed statements of financial position of Conard Corporation are presented on the shown below.

Instructions
(a) Prepare a horizontal analysis of the statement of financial position data for Conard Corporation using 2011 as a base.
(b) Prepare a vertical analysis of the statement of financial position data for Conard Corporation in columnar form for2012.

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CONARD CORPORATION Comparative Condensed Statements of Financial Position December 31 2012 2011 Assets Intangibles Property. plant. and equipment (net) Current assets S 27.000 40.000 90.000 80,000 S200.000 $210,000 99.000 74.000 Total assets Equity and liabilities Equity Non-current liabilities Current liabilities S15.000 12.000 150,000 48.000 200,000 $210,000 143,000 42,000 Total equity and liabilities