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BE18-2 (b) Drew Carey Corporation reported the following amounts in 2011, 2012, and 2013. 2011 2012 2013 Current assets $200,000 $230,000 $240,000 Current liabilities 160,000
BE18-2 (b) Drew Carey Corporation reported the following amounts in 2011, 2012, and 2013. 2011 2012 2013 Current assets $200,000 $230,000 $240,000 Current liabilities 160,000 168,000 184,000 Total assets 500,000 600,000 620,000 Instructions Perform each of the three types of analysis on Drew Carey's current assets. (Round answers for horizontal and vertical analysis to 0 decimal places, e.g. 125. Round other answers to 2 decimal places, e.g. 10.50.) 2011 2012 2013 Horizontal Analysis Current assets % % % Vertical Analysis Current assets % % % Ratio Analysis Current ratio
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