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79% coE] Wed 4:47 PM a @)E bn khc: Khi Minh Yeu/h X CH 13: Homework ttps://coastdistrict.instructure.com/courses/420.Q C Home- Bb integrated Chines. Question 1 Here
79% coE] Wed 4:47 PM a @)E bn khc: Khi Minh Yeu/h X CH 13: Homework ttps://coastdistrict.instructure.com/courses/420.Q C Home- Bb integrated Chines. Question 1 Here is financial information for Teal Mountain Inc. December 31, 2017 December 31,2016 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $108,800 404,400 103,400 124,800 132,800 152,200 94,400 352,800 67,800 94,400 117,800 167,200 Prepare a schedule showing a horizontal analysis for 2017,using 2016 as the base year. (lf amount and percentage are a decrease show, the numbers as negative, eg-55,000, 20% or (55,000. (20%. Round percentages to 1 decimal place, eg 12.1%) TEAL MOUNTAIN INC Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Current Assets 108,800 94,400 404,400 352,800 Plant assets (net) Total assets 513,200 447,200
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