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Brief Exercise 14-3 (Part Level Submission) Comparative data from the statement of financial position of Runner Ltd. are shown below. 2017 Current assets Property, plant,
Brief Exercise 14-3 (Part Level Submission) Comparative data from the statement of financial position of Runner Ltd. are shown below. 2017 Current assets Property, plant, and equipment Goodwill 2018 $1,539,000 3,107,000 90,000 $4,736,000 $1,165,000 2,810,000 100,000 $4,075,000 2016 $1,222,000 2,853,000 -0- Total assets $4,075,000 (a) Using horizontal analysis, calculate the percentage of the base-year amount, using 2016 as the base year. (Round answers to 1 decimal place, e.g. 52.7%.) 2018 2017 2016 Current assets Property, plant, and equipment Total assets LINK TO TEXT
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