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need help thanks 1. Perform a horizontal analysis for the financial statements of TREN Corporation. (30 points) JUSTICE CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS

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1. Perform a horizontal analysis for the financial statements of TREN Corporation. (30 points) JUSTICE CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2016 (IN THOUSAND PESOS) 2014 Increase (Decrease) 2013 ASSETS AMOUNT % Current Assets Cash & Cash Equivalents 25,390.00 2, 120.00 Supplies 10,000,00 Trading and other receivables 16,000.00 6,000.00 Inventory 9,960.00 Total Current Assets 10,600.00 61,350.00 18,720.00 Non - Current Assets Equipment 250,000.00 161,280,00 Land 16,000.00 20,000.00 Total Non-current assets 266,000.00 181,280.00 TOTAL ASSETS 327,350.00 200,000.00 LIABILITIES AND SHAREHOLDERS'EQUITY Current Liabilities Account Payables 8,400.00 3,350.00 Uneamed Revenues 50,600,00 11,650.00 Notes- Payable (3 months) 1, 500.00 600.00 Total Current Liabilities 60,500.00 15,600.00 Non-current Liabilities Notes - Payable - (6 years) 83,550.00 100,000.00 TOTAL LIABILITIES 144,050.00 115,600.00 Shareholders 'equity Ordinary shares, P110 par 90,000.00 60,000.00 Premium on ordinary shares 26,000.00 10,000.00 Total Paid-in Capital 48,000.00 70,000.00 Retained Earnings 19,300.00 14,400.00 Total Shareholders' Equity 183,300.00 84,400.00 TOTAL LIABILITY AND SHAREHOLDERS'EQUITY 327,350.00 200,000.00

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