The condensed comparative statements of Rydmore Range Corporation follow:

\section*{Required}
1. Calculate trend percentages for the items of the statements using 1986 as the base year.
2. Analyze and comment on the situation shown in the statements

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RYDMORE RANGE CORPORATION Comparative Balance Sheet December 31, 1992-1986 ($000) 1992 1991 1990 1989 1988 1987 1986 Cash Assets Accounts receivable, net. Merchandise inventory. $ 8 $ 12 $ 14 $ 17 $ 18 $ 15 $ 20 92 90 88 66 57 54 44 232 225 212 176 156 130 112 Other current asscts.. 5 7 4 8 7 7 4 Long-term investments. -0- -0- -0- 39 39 39 39 Plant and equipment, net.. 372 382 358 180 182 176 178 Total assets. $709 $716 $676 $486 $459 $421 $397 Liabilities and Capital Current liabilities $135 $140 $125 $100 $ 85 $ 70 $ 60 Long-term liabilities 165 189 201 84 87 90 85 Common stock 165 165 165 135 135 125 125 Other contributed capital. 65 65 65 50 50 50 50 Retained earnings. 179 157 120 117 102 86 77 Total liabilities and capital $709 $716 $676 $486 $459 $421 $397