Presented below are comparative statements of financial position for the Ozturk Ltd.

Instructions

(Round to two decimal places.)

a. Prepare a comparative statement of financial position of Ozturk Ltd. showing the percent each item is of the total assets or total equity and liabilities.

b. Prepare a comparative statement of financial position of Ozturk Ltd. showing the Turkish lira change and the percent change for each item.

c. Of what value is the additional information provided in part (a)?

d. Of what value is the additional information provided in part (b)?