The financial statements of Corus Entertainment are shown in Appendix A at the end of this textbook.

Question:

Instructions

(a) Using vertical analysis, calculate the vertical percentage of a base amount for Corus's balance sheets and income statements for 2014 and 2013.

(b) Identify any significant items or trends you observe from your vertical analysis in part (a).

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...