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DO IT! 14.2 (LO 2), AP Summary financial information for Gandaulf Company is as follows. Current assets Dec. 31, 2022 $ 200,000 Plant assets
DO IT! 14.2 (LO 2), AP Summary financial information for Gandaulf Company is as follows. Current assets Dec. 31, 2022 $ 200,000 Plant assets 1,040,000 Total assets $1,240,000 Dec. 31, 2021 $ 220,000 780,000 $1,000,000 Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2021 is the base year. Prepare horizontal analysis
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