Question: Comparative data (in thousands) from the balance sheet of Winisk Ltd. are shown below. Using horizontal analysis, calculate the percent of base year, assuming 2014

Comparative data (in thousands) from the balance sheet of Winisk Ltd. are shown below. Using horizontal analysis, calculate the percent of base year, assuming 2014 is the base year.

2017 S 24 2016 2015 30 197 395 10 S632 2014 S 20 150 325 5 $ 45 Accounts receivable Inventory Prepaid expenses 499 Total current assets $813 $753 $517

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