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32,800 32,000 132,000 3,200 4,600 $156,200 Net earnings (net income) Retained earnings, January 1 107,000 3,200 4,600 $132,000 Less: Preferred stock dividends Common stock dividends
32,800 32,000 132,000 3,200 4,600 $156,200 Net earnings (net income) Retained earnings, January 1 107,000 3,200 4,600 $132,000 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 Required Prepare a horizontal analysis of the balance sheet and income statement for 2019 and 2018. Round percentages to one decimal point. Problem 9-18 Vertical analysis Required Use the financial statements for Allendale Comparys robiem 9-17 to perform a vertical analysis of both the balance sheets and income staternerits1 and 2018. Round computations to two decimal points 6.03% Problem 9-19 Effect of transactions on current ratio and working capital Riley Manufacturing has a current ratio of 3:1 on December 31, 2018. Indicate whether each of the following transactions would increase (+), decrease (), or have no effect (NA) on Riley's current ratio and its workin Required a. Paid cash fo
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