Question
1. Here is financial information for Ivanhoe Inc. December 31, 2025 December 31, 2024 Current assets $110,200 $93,900 Plant assets (net) 403,900 354,200 Current liabilities
1. Here is financial information for Ivanhoe Inc.
December 31, 2025 | December 31, 2024 | |||
---|---|---|---|---|
Current assets | $110,200 | $93,900 | ||
Plant assets (net) | 403,900 | 354,200 | ||
Current liabilities | 102,900 | 69,200 | ||
Long-term liabilities | 126,200 | 93,900 | ||
Common stock, $1 par | 134,200 | 119,200 | ||
Retained earnings | 150,800 | 165,800 |
Prepare a schedule showing a horizontal analysis for 2025, using 2024 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
IVANHOE INC. Condensed Balance Sheets choose the accounting period December 31For the Month Ended December 31For the Year Ended December 31 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Increase or (Decrease) | ||||||||||
2025 | 2024 | Amount | Percent | |||||||
Assets | ||||||||||
Current Assets | $enter a dollar amount | $enter a dollar amount | $enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Plant assets (net) | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Total assets | $enter a total amount for this part of the balance sheet | $enter a total amount for this part of the balance sheet | $enter a total amount for this part of the balance sheet | enter a total amount for this part of the balance sheet | % | |||||
Liabilities | ||||||||||
Current Liabilities | $enter a dollar amount | $enter a dollar amount | $enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Long-term liabilities | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Total liabilities | $enter a total of the two previous amounts | $enter a total of the two previous amounts | $enter a total of the two previous amounts | enter a total of the two previous amounts | % | |||||
Stockholders Equity | ||||||||||
Common stock, $1 par | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Retained earnings | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter percentages rounded to 1 decimal place | % | |||||
Total stockholders equity | enter a total of the two previous amounts | enter a total of the two previous amounts | enter a total of the two previous amounts | enter a total of the two previous amounts | % | |||||
Total liabilities and stockholders equity | $enter a total amount for this part of the balance sheet | $enter a total amount for this part of the balance sheet | $enter a total amount for this part of the balance sheet | enter a total amount for this part of the balance sheet | % |
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