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15 The comparative balance sheet of Laurie Company appears below: ut of LAURIE COMPANY Comparative Balance Sheet December 31, 2020 2019 Assets Current assets Plant

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15 The comparative balance sheet of Laurie Company appears below: ut of LAURIE COMPANY Comparative Balance Sheet December 31, 2020 2019 Assets Current assets Plant assets Total assets 420 780 1.200 333 567 900 Liabilities and stockholders' equity Current liabilities 168 Long-term debt 300 Common stock 432 Retained earnings 300 Total liabilities and stockholders' 1.200 equity Additional Note: Net Sales for 2020 was $4,200 144 162 306 288 900 Calculate the following items for Laurie Company for the year 2020: (1) Using horizontal analysis, calculate the percentage change since the base period for plant assets (2) Using vertical analysis, calculate long-term debt as a percentage of its base amount (3) Calculate Working Capital (4) Calculate the Debt to Assets Ratio (5) Calculate the Gross Profit Rate Please number your responses (1-5) and provide all of your answers rounded to two decimal places (for example 11.11% or 5.57 times) Home End Insert F10 F11 F12 ) 9 0 7

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