The following condensed information is available for Yellow Media Inc., Canada's largest Internet media and marketing company:

Instructions
(a) Using vertical analysis, calculate the percentage of the base amount for the statement of financial position and income statement for each year.
(b) Identify the key components in Yellow Media'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. Include in your answer a specific comment on the impact the company's discontinued operations had on your analysis.
(c) How has Yellow Media primarily financed its assets-through debt or equity-over the last three years?

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YELLOW MEDIA INC. Statement of Financial Position (in thousands) Liabilities and Shareholders' E Current liabilities Shareholders' equity Total liabilities and shareholders' equity YELLOW MEDIA INC. Year Ended December 31 S 1,328,866 $1,679,860 Profit (loss) from operations s and expenses (2,415,084)515.756 962,788 (75,307) (36.398 Profit (loss) from continuing operations before income tax Income tax expense (recovery) Profit (loss) from continuing 9 (75,935 (2,708,122) Discontinued business loss $(2,828,999)