The comparative balance sheet of Delta Company appears below: 
Instructions
(a) Using horizontal analysis, show the percentage change for each balance sheet item using 2016 as a base year.
(b) Using vertical analysis, prepare a common size comparative balance sheet.
Definitions:
Marginal Utility
The additional satisfaction or benefit received by consuming one more unit of a good or service.
Total Utility
The total satisfaction or benefit received by consuming a certain amount of goods or services.
Consumption
The use of goods and services by households, leading to the satisfaction of wants and needs.
Utility
A measure of satisfaction or pleasure that consumers derive from consuming goods or services.
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