Question
Comparative data from the statement of financial position of Golden Ltd. are shown below. 2021 2020 2019 Current assets $1,544,000 $1,163,000 $1,223,000 Property, plant,
Comparative data from the statement of financial position of Golden Ltd. are shown below. 2021 2020 2019 Current assets $1,544,000 $1,163,000 $1,223,000 Property, plant, and equipment 3,120,000 2,776,000 2,852,000 Goodwill 126,000 136,000 -0- Total assets $4,790,000 $4,075,000 $4,075,000 Using horizontal analysis, calculate the percentage of the base-year amount, using 2019 as the base year. (Round answers to 1 decimal place, eg. 52.7%) 2021 2020 126.2 % 2019 Current assets 95.1 % 100 % Property, plant, and equipment 120.8 % 107.5 % 100 % 122.6 Total assets %4 103.5 % 100 %
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