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Brief Exercise 14-2 Schellhammer Corporation reported the following amounts in 2016, 2017, and 2018. 20172018 Current assets Current liabilities Total assets $200,000$210,000 $240,000 184,000 620,000

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Brief Exercise 14-2 Schellhammer Corporation reported the following amounts in 2016, 2017, and 2018. 20172018 Current assets Current liabilities Total assets $200,000$210,000 $240,000 184,000 620,000 150,000 500,000 168,000 600,000 perform each of the three types of analys s on d elha m er's current assets Use Illustration 14-3 formula for Horizontal Analysis) Round percentages to O decimal places, eq. 43% and ratios to 2 deci nal places, eg 1 sa 2016 2017 2018 Horizontal Analysis Current assets Vertical Analysis Current assets Current ratio

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