Instructions

Condensed information is available forGOLD Ltd.in Assignment-Data sheet

Using the Assignment-Template, form the I/S and the B/S for the company

Using horizontal analysis, calculate the percentage of the base-year % for each of the statement of financial position and income statement items, assuming 2020 is the base year.

Using horizontal analysis, calculate the percentage of YoY % changes for each of the statement of financial position and income statement items.

Using vertical analysis, calculate the percentage of the base amount for the statement of financial position (% of Total Assets (or Total L+OE) Analysis) and income statement (% of Sales Analysis) for each year.

Identify at least one important change over the three year period in GOLD Ltd's statement of financial position and write your comments about it.

Identify at least one important change over the three year period in GOLD Ltd's income statement and write your comments about it.