lululemon athletica inc. has seen a significant amount of growth over the three years shown below. The following selected information is available for three recent fiscal years:

Instructions
(a) Using horizontal analysis, calculate the percentage of the base-year amount for each of the statement of financial position and income statement, assuming 2014 is the base year.
(b) Identify the key components in lululemon's statement of financial position and income statement that are primarily responsible for the change in the company's financial position and performance over the three-year period.

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LULULEMON ATHLETICA INC. Statement of Financial Position January 31 (in U.S. $ millions) 2016 2015 2014 Assets Current assets Non-current assets Total assets $917 $ 951 $ 943 397 345 307 $1,314 $1,296 $1,250 ia Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders' equity Total liabilities and shareholders' equity $1,314 $1,296 $1,250 er $226 $ 160 $114 61 47 39 287 207 153 1,027 1,089 1,097 LULULEMON ATHLETICA INC. Statement of Comprehensive Income Year Ended January 31 (in U.S. $ millions) Net revenue Cost of goods sold Gross profit Operating expenses Income from operations Other income (expense) Profit before income tax Income tax expense Net income 2016 2015 2014 $2,060 $1,797 $1,591 1,063883 751 997 914 840 628 538 449 369 376 391 6 368 383 397 144 117 $266 $ 239 $280 Other comprehensiveloss$65 $105 $90 Comprehensive income 201 $ 134 $ 190 7 102