The statement of financial position for Bondi Ltd is presented below.

Required

(a) Prepare a horizontal analysis of the statement of financial position data for Bondi Ltd using 2016 as a base. Show the amount of increase or decrease as well.

(b) Prepare a vertical analysis for Bondi Ltd for 2016 and 2017.

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Assets Current assets Property, plant and equipment (net) Intangibles Total assets Liabilities and equity Current liabilities Non-current liabilities BONDI LTD Statement of financial position as at 30 June 2017 Equity Total liabilities and equity 2017 $ 88 000 81 000 31000 $200 000 $ 52000 135 000 13 000 $200 000 2016 $ 80000 90 000 40 000 $210000 $ 48000 150 000 12 000 $210000