Calculate the percentage of the base amount for each year

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Question - Comparative data from the balance sheet of BlackBerry Limited are shown below.

BLACKBERRY LIMITED Consolidated Balance Sheet February 28, 2015, and March 1, 2014 (in U.S. millions)

Assets

Feb. 28, 2015

Mar. 1, 2014

Current assets

$4,167

$4,848

Non-current assets

2,382

2,704

Total assets

$6,549

$7,552

Liabilities and Shareholders' Equity

 

 

Current liabilities

$1,363

$2,268

Non-current liabilities

1,755

1,659

Total liabilities

3,118

3,927

Shareholders' equity

3,431

3,625

Total liabilities and shareholders' equity

$6,549

$7,552

Instructions -

(a) Using horizontal analysis, calculate the percentage charge between 2014 and 2015.

(b) Using vertical analysis, calculate the percentage of the base amount for each year.

(c) Based on your calculation in parts (a) and (b), identify any significant changes from 2014 to 2015.

Reference no: EM132432987

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