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Condensed data from the comparative statement of financial position of Kokomo Inc. follow. Current assets Non-current assets Current liabilities Non-current liabilities Common shares Retained earnings
Condensed data from the comparative statement of financial position of Kokomo Inc. follow. Current assets Non-current assets Current liabilities Non-current liabilities Common shares Retained earnings 2021 $112.000 403,000 110.000 90.000 109.000 206.000 2020 $107.000 330,000 99.000 109,000 100,000 129.000 2019 $104,000 297,000 96,000 120,000 100,000 85,000 (a) Using horizontal analysis, calculate the percentage of a base-year amount, using 2019 as the base year. (Round answers to 1 decimal place, es, 15.2%) KOKOMO INC Horizontal Analysis of Statement of Financial Position (% of base-year amount) 2021 2020 2019 Current assets 100 Non-current 100 assets Using horizontal analysis, calculate the percentage of a base-year amount, using 2019 as the base year. (Round answers to 1 decimal place, es. 15.2%) KOKOMO INC. Horizontal Analysis of Statement of Financial Position (% of base-year amount) 2021 2020 2019 % Current assets % 100 %6 % 100 Non-current assets se 5% % 100 % Current liabilities % 100 Non-current liabilities % 98 100 26 Common shares 96 100 96 Retained earnings
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