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Based on the given information for the Beagle Company below, prepare a horizontal analysis of their balance sheet in good form including $ change and
Based on the given information for the Beagle Company below, prepare a horizontal analysis of their balance sheet in good form including $ change and % change for the Beagle Company. Round percentages to one decimal point. 2020 2019 Assets: Current Assets: Cash Accounts receivable, net Inventories Total current assets Property, Plant, and equipment, net Goodwill and patents, net Total assets 8,000 31,500 47,500 87,000 110,000 12.000 $209,000 ======== $ 6,000 25,000 55,000 86,000 112,000 4,000 $202,000 ======== Liabilities and Stockholder's Equity Current liabilities: Notes payable Accounts payable Total current liabilities Long-term debt Total liabilities Stockholders'Equity: Common Stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $25,000 25,000 50,000 54,000 104,000 $ 24,000 18,000 42,000 68,000 110,000 20,000 85,000 105,000 $209,000 20,000 72,000 92,000 $202,000 ======== ======
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