U abe XX A A LA { Styles Styles Pane Create and Share Request Adobe PDF Signatures Question 2 (20 marks) Financial information for Ridge Ltd is as follows Sales Cost of sales Selling expenses Administrative expenses Income tax expense Profit 2016 $1500 000 745000 123000 92000 162000 378000 2015 $1350 000 738 000 105000 81000 127 800 298 200 Required: (a) Prepare a schedule showing a vertical analysis for 2016 and 2015. (10 marks) Show workings. (Answer and show workings here) 3 (b) Prepare a brief report outlining the results of your analysis for a potential investor and advise if the investor should invest in Ridge Ltd. (10 marks) (Answer here)