Summary fi nancial information for Gandaulf Company is as follows. Dec. 31, 2017 Dec. 31, 2016 LO15
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Summary fi nancial information for Gandaulf Company is as follows.
Dec. 31, 2017 Dec. 31, 2016 LO15 Current assets $ 200,000 $ 220,000 Plant assets 1,040,000 780,000 Total assets $1,240,000 $1,000,000 Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base year.
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Related Book For
Financial Accounting
ISBN: 9781118953907
8th Edition
Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso
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