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CHITEI The comparative balance sheet of Nathan Company appears below: NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2019 Current assets $420 Plant assets 780
CHITEI The comparative balance sheet of Nathan Company appears below: NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2019 Current assets $420 Plant assets 780 Total assets $1,200 Liabilities and stockholders' equity Current liabilities $168 Long-term debt 300 Common stock 432 Retained earnings 300 Total liabilities and stockholders' equity $1.200 2018 $333 567 $900 $144 162 15.00 306 288 $900 Using horizontal analysis, show the percentage change for each balance sheet item using 2018 as a base year. (Round answers to 0 decimal places, e.g. 15%.) NATHAN COMPANY Comparative Balance Sheet December 31 2019 2018 $420 $333 Assets Percentage change Current assets X Plant assets 780 567 $1,200 $900 Total assets Liabilities and stockholders' equity Current liabilities $168 $144 300 162 Long-term debt Common stock Retained earnings 432 306 300 288 Total abilities and stockholders' equity $1.200 $1.200 5900 Save for Later Attempts: 0 of 2 used
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