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A comparative Statement of Financial Position for Cahya Company appears below. CAHYA COMPANY As at 31 December 2020 (RM) 2019 (RM) ASSETS Current Assets 330,000

A comparative Statement of Financial Position for Cahya Company appears below. CAHYA COMPANY As at 31 December 2020 (RM) 2019 (RM) ASSETS Current Assets 330,000 315,000 Property, Plant and Equipment (net) 400,000 250,000 Intangible Assets 240,000 257,000 4+ Total Assets 970,000 822,000 LIABILITIES Current Liabilities 261,000 275,400 Long-term Liabilities 480,000 326,000 STOCKHOLDERS' EQUITY 229,000 220,600 Total Liabilities and Stockholders' Equity 970,000 822,000 Required: (a) Prepare a vertical analysis for year 2020 & 2019. (18 marks) (b) Compute debt to assets ratio for both years. (7 marks)

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