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need help here 1. Perform a horizontal analysis for the fourcial statements of TREN Corporation. (50 points) TREN CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS

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1. Perform a horizontal analysis for the fourcial statements of TREN Corporation. (50 points) TREN CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2018 (IN THOUSAND PESOS) Increase ASSETS 2014 9013 (Decrease) Current Assets AMOUNT Cash & Cash Equivalents Held for trading 24,890.00 Trading and other 10,000,00 2120.00 receivables Inventory 16,000.00 Total Current Assets 8,690.00 6 000.00 50,580,00 10.600.00 18,720.00 Non - Current Assets Property, plant and equipment Investment in Equity 150,000,00 161.280,00 services 16,000.00 Total Non-current assets 20,000.00 166,000.00 TOTAL ASSETS 225,580.00 181.280.00 200,000.00 IABILITIES AND SHAREHOLDERS'EQUITY Current Liabilities Trade and other payables 8,400.00 3,350.00 Unearned Revenues 10,600.00 11,650,00 Notes- Payable - Current 900.00 600.00 Total Current Liabilities 19,900.00 15,600.00 n-current Liabilities Notes - Payable - Non- current 73,550.00 100,000.00 TAL LIABILITIES 93,450.00 115,600.00 reholders equity Ordinary shares, P100 par 80,000.00 60.000.00 Premium on ordinary shares 16,000.00 10,000.00 Total Paid-in Capital 96,000.00 70,000.00 etained Earnings 36.400.00 14,400,00 otal Shareholders' Equity 132,400.00 84,400.00 L LIABILITY AND THOLDERS EQUITY 225,850.00 200,000,00

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