The Comparative Balance Sheet of Delta Company Appears Below

question 34

Essay

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:

Perceptual Experience

The processing and interpretation of sensory information to understand the environment.

Sedatives

Substances that induce sedation by reducing excitement, irritability, and nervousness, often used to promote calmness and ease anxiety.

Stimulants

Substances that increase alertness, attention, and energy by boosting the activity of the central nervous system.

Hallucinogens

Psychoactive substances that can cause altered perceptions, thoughts, and feelings.