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

Instructions
a. Prepare a horizontal analysis of the statement of fi nancial position data for Garcia using 2019 as a base.
b. Prepare a vertical analysis of the statement of fi nancial position data for Garcia in columnar form
for 2020.

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Garcia SLU Comparative Condensed Statements of Financial Position December 31 2020 2019 Assets € 24,000 € 40,000 Intangibles Property, plant, and equipment (net) Current assets 100,000 92,000 76,000 82,000 Total assets €200,000 €214,000 Equity and liabilities Equity Non-current liabilities € 20,000 € 16,000 140,000 150,000 Current liabilities 40,000 48,000 Total equity and liabilities €200,000 €214,000