Refer to Research In Motion financial statements in Appendix A to answer the following. 1. Using fiscal

Question:

Refer to Research In Motion in Appendix A to answer the following.
1. Using fiscal 2008 as the base year, compute trend percents for fiscal years 2008, 2009, and 2010 for revenues, cost of sales, operating expenses, income taxes, and net income.
2. Compute common-size percents for fiscal years 2009 and 2010 for the following categories of assets:
(a) Total current assets,
(b) Property and equipment, net, and
(c) .
3. Comment on any notable changes across the years for the income statement trends computed in part 1 and the percents computed in part 2.

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