1. Analyze the common size balance sheet for Golden Gym --> https://www.investing.com/equities/gym-ltd-balance-sheet (All items divided by total assets.) What is the net working capital? What is the largest current asset? List percentage. What is the largest current liability?

2. What is the largest fixed asset? List percentage. What is the largest long-term liabilities? List percentage.

3. Have the balance sheet items remained steady, increased, or decreased over the past four years?

4. What does the analysis of the balance sheet tell you about the company? Identify the evidence from the horizontal and vertical analysis.