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Condensed data from the comparative statement of financial position (SFP) of Oriole Inc. follow: 2020 2019 2018 Current assets $120,000 $80,000 $100,000 Non-current assets 404,000
Condensed data from the comparative statement of financial position (SFP) of Oriole Inc. follow:
2020 | 2019 | 2018 | |||||||
Current assets | $120,000 | $80,000 | $100,000 | ||||||
Non-current assets | 404,000 | 365,000 | 296,000 | ||||||
Current liabilities | 70,000 | 98,000 | 63,000 | ||||||
Non-current liabilities | 172,000 | 112,000 | 151,000 | ||||||
Common shares | 154,000 | 122,000 | 97,000 | ||||||
Retained earnings | 128,000 | 113,000 | 85,000 |
Using vertical (common-size) analysis, calculate the various SFP categories as a percentage of total assets for Oriole Inc. for each of 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 52.1%.)
2020 | 2019 | 2018 | ||||
Current assets | % | % | % | |||
Non-current assets | % | % | % | |||
Current liabilities | % | % | % | |||
Non-current liabilities | % | % | % | |||
Common shares | % | % | % | |||
Retained earnings | % | % | % |
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