Exercise 6 The following are the financial statements of Moonlight Dream Co. Moonlight Dream Company Statement of Financial Position As of December 31 2017 2016 Current Aules Property Mant, and Equipment Total P210.000 420.000 P630,000 P180,000 250.000 P430 000 Current Liabilities Non-ciment Liabilities Total Liabilities Owner's Equity Total abilities and Owner's quity P 90,000 250.000 P340,000 290,000 P630,000 P100,000 150.000 250,000 100.000 92.430,000 Required. Perform a horizontal analysis for 2016 and 2017 2. Performa vertical analysis for 2016 and 2017 Exercise Given the data for three years for Moonlight Dream Company, perform a trend analysis Moonlight Dream Company Statement of Financial Position As of December 31 Current A Property. Plantind Equipment Total Assets 2017 210,000 120.000 P610.000 2016 P100,000 2150000 9430.000 2015 P150,000 22.0000 P310.000 Current Liabilities Non-Current Liabilit Total Liabilities Owner' Equity Total Liabilities and Owner's Equity 90,000 250.000 P340.000 200.000 P630.000 P100.000 150.000 250,000 100.00 30,000 P130,000 100000 230,000 150 000 300.000 HAARSCHAL STATEMENT