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Brief Exercise 14-2 Schellhammer Corporation reported the following amounts in 2014, 2015, and 2016. 2015 Current assets Current liabilities Total assets 2014 $269,500 $158,230 $467,390

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Brief Exercise 14-2 Schellhammer Corporation reported the following amounts in 2014, 2015, and 2016. 2015 Current assets Current liabilities Total assets 2014 $269,500 $158,230 $467,390 $288,365 $166,560 $627,590 2016 $312,620 $182,910 $666,170 (b) Perform each of the three types of analysis on Schellhammer's current assets. (Round percentages to o decimal places, e.g. 43% and ratios to 2 decimal places, e.g. 1.58.) 2014 2015 2016 Horizontal Analysis Current assets Vertical Analysis Current assets Ratio Analysis Current ratio LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT

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