Posted: December 28th, 2016

Prepare common size financial statements for 2017 and 2016. C. Comment on any relationships revealed by the horizontal and vertical analyses

Required: In relation to the financial statements of Stratum Limited given below answer the following questions – A. Calculate the changes in the financial statements from 2017 to 2016 in both dollar amounts and percentages. B. Prepare common size financial statements for 2017 and 2016. C. Comment on any relationships revealed by the horizontal and vertical analyses using a word limit of 200 words. The comparative financial statements of Stratum Ltd are shown below and on the next page.