Answer THREE questions. Section B Question Toys-for-Kids, a manufacturer of toys presented the following data in its last annual report. This trend analysis begins with the year of formation, 2009 (a) Sales Cost of Sales Net Income Number of Toys Shipped 2012 2011 2010 2009 RM61,000 RM41,000 RM25,000 RM13,000 RM41,300 RM28,175 RM17,201 RM 9,000 RM 9,919 RM 6,412 RM 3,850 RM 2,000 7.400 33,126 22,681 13,900 Required 0) Using 2009 as the base year, perform a horizontal, common-size analysis. (ii) Comment on the results of the horizontal analysis. (8 marks) (2 marks) (b) Comparative income statements for 2012 and 2011 follow 2011 RM9,434.000 RM7,862,000 7075.400 5,660.640 RM2.358,600 RM2.201,360 307.690-1.365,000 RM 990,910 RM 836,300 _157.500 26.000 RM 833,410 RM 710,300 400.000 7.200 RM 433410 RM 393.102 2012 Sales Cost of Sales Gross Profit Operating Expenses Operating Income Interest Expense Earnings Before Tax Income Taxes Net Income Required: 6) Prepare a vertical common-size analysis of this statement for each year, using sales as the base (8 marks) Comment briefly on the changes between the two years, based on the vertical (2 marks) [Total 20 marks (ii)