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The following selected information in thousands) is available for Steering Limited: Total assets Total liabilities Interest expense Income tax expense Net income Cash provided by

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The following selected information in thousands) is available for Steering Limited: Total assets Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dividends paid on common shares 2021 $3,855 2.186 14 176 401 845 401 111 2020 $3,692 1.980 25 150 322 581 302 90 Using horizontal analysis, calculate the percentage change for each year. (Round percentage to I decimal place, es. 15.2%. Enter negative amounts using elther a negative sign preceding the number eg. -45.1 or parentheses es (45.11%) Horizontal Ana 2021 Increase (Decrease) Amount Assets Current assets 111000 Non current assets Total assets Liabilities and Shareholders Equity abilities $ Liabilities and Shareholders' Equity Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders equity 9 The following selected information in thousands) is available for Steering Limited: Total assets Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dividends paid on common shares 2021 $3,855 2.186 14 176 401 845 401 111 2020 $3,692 1.980 25 150 322 581 302 90 Using horizontal analysis, calculate the percentage change for each year. (Round percentage to I decimal place, es. 15.2%. Enter negative amounts using elther a negative sign preceding the number eg. -45.1 or parentheses es (45.11%) Horizontal Ana 2021 Increase (Decrease) Amount Assets Current assets 111000 Non current assets Total assets Liabilities and Shareholders Equity abilities $ Liabilities and Shareholders' Equity Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders equity 9

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