Data for Ilang-Ilang Trading Company are given below: 2014 2015 Current Assets Property, Plant, and...
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Data for Ilang-Ilang Trading Company are given below: 2014 2015 Current Assets Property, Plant, and Equipment Other Assets Total Assets 192,375 937,508 152,618 1,282,500 265,500 967,500 159,750 1,392.750 Liabilities Total Current Liabilities Long term Debt 220,590 491,198 225,450 460,250 Owner's Capital 570.713 706.950 TOTAL 1,282,500 1,392,750 Requirements: a. Prepare a common-size Statement of Financial Position for 2014 and 2013 for Ilang-Ilang Trading Company. b. Prepare a horizontal analysis for Ilang-Ilang Trading Company
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