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Comparative data from the statement of financial position of Vermillion Ltd. are shown below. 2024 2023 2022 Current assets $1,536,000 $1,178,000 $1,217,000 Property, plant,
Comparative data from the statement of financial position of Vermillion Ltd. are shown below. 2024 2023 2022 Current assets $1,536,000 $1,178,000 $1,217,000 Property, plant, and equipment 3,107,000 2,828,000 2,842,000 Goodwill 43,000 53,000 -0- Total assets $4,686,000 $4,059,000 $4,059,000 (a) Using horizontal analysis, calculate the percentage of the base-year amount, using 2022 as the base year. (Round answers to O decimal places, eg. 52%) Current assets Property, plant, and equipment Total assets 2024 2023 % % 2022 % % % % (b) Using vertical analysis, calculate the percentage of the base amount for each year. (Round percentages to 1 decimal place, eg. 52.7%) Current assets Property, plant, and equipment Goodwill 2024 Amount Percentage Amount $ % $ % % $ % $ Total assets
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