Question: show work BE14-3 Comparative data from the statement of financial position of Elke Ltd. are shown below. (a) Using horizontal P analysis calculate the percentage

show work BE14-3 Comparative data from the statement of financial position

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BE14-3 Comparative data from the statement of financial position of Elke Ltd. are shown below. (a) Using horizontal P analysis calculate the percentage of the base-year amount, using 2016 as the base year. (b) Using vertical analysis, calculate ve the percentage of the base amount for each year. L 2018 $1,530,000 3.130,000 90,000 $4,750,000 Current assets Property plant, and equipment Goodwill Total assets 2017 $1,175.000 2.800.000 100.000 $4,075,000 2016 $1,225,000 2,850,000 $4.075.000

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