Here is fi nancial information for Glitter Inc. December 31, 2017 December 31, 2016 Current assets $106,000

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Here is fi nancial information for Glitter Inc.

December 31, 2017 December 31, 2016 Current assets $106,000 $ 90,000 Plant assets (net) 400,000 350,000 LO15 Current liabilities 99,000 65,000 Long-term liabilities 122,000 90,000 Common stock, $1 par 130,000 115,000 Retained earnings 155,000 170,000 Instructions Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year.

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Financial Accounting

ISBN: 9781118953907

8th Edition

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

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