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Comparative data from the statement of financial position of Marshall Ltd. are shown below. Please fill in the blanks. Current assets Property, plant, and equipment
Comparative data from the statement of financial position of Marshall Ltd. are shown below. Please fill in the blanks.
Current assets Property, plant, and equipment Goodwill 2018 $1,516,000 3,131,000 73,000 $4,720,000 2017 $1,187,000 2,785,000 83,000 $4,055,000 2016 $1,232,000 2,823,000 -0- Total assets $4,055,000 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 Using vertical analysis, calculate the percentage of the base amount for each year. (Round percentages to 1 decimal places, e.g. 52.7%.) 2018 Percentage 2017 Percentage 2016 Percentage Amount Amount Amount Current assets Property, plant, and equipment Goodwill Total assetsStep by Step Solution
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