101 Veure Thcome tax Income tax expense Profit 75,000 18,750 $ 56,250 100,000 25,000 $ 75,000 Instructions Prepare a vertical analysis for Fleetwood Corporation. *18-4 Comparative data from the balance sheet of BlackBerry Limited are shown below. dentify Current assets Cash Short-term investr Accounts receival- Inventory Prepaid expenses Total current assets Total current liabil Mar. 1, 2014 $4,848 2,704 BLACKBERRY LIMITED Consolidated Balance Sheet February 28, 2015, and March 1, 2014 (in U.S. millions) Assets Feb. 28, 2015 Current assets $4,167 Non-current assets 2,382 Total assets $6,549 Liabilities and Shareholders' Equity Current liabilities $1,363 Non-current liabilities 1,755 Total liabilities 3,118 Shareholders' equity 3,431 Total liabilities and shareholders' equity $6,549 $7,552 $2,268 1,659 3,927 3,625 $7,552 Additional inform (in millions) Net credit sales Cost of goods sc Instructions (a) Calculate the following liquia 1. Current ratio 2. Acid-test ratio 3. Receivables turnover 4. Collection period (b) Indicate whether each of t1 E18-8 The following selecte Instructions (a) Using horizontal analysis, calculate the percentage change between 2014 and 2015. (b) Using vertical analysis, calculate the percentage of the base amount for each year. (c) Based on your calculations in parts (a) and (b), identify any significant changes from 2014 to 2015. Current rati Acid-test ra