Condensed data from the comparative statement of financial position of Dressaire Inc. follow:

Instructions
(a) Using horizontal analysis, calculate the percentage of a base-year amount, using 2016 as the base year.
(b) Using horizontal analysis, calculate the percentage change for each year.
(c) Using the information prepared above, do you think the company's shareholders would be pleased by the trends shown in your analysis? Why?

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2018 2017201 Current assets Non-current assets 400,000 330,000 300,000 Current liabilities Non-current liabilities 90,00o 110,00o 120,0oo Common shares Retained earnings205,000 130,000 85,000 $115,00o $110,000 $100,ooo 110,000100,000 95,0oo 110,000 100,000 100,000