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Do It! Review 13-2 Summary financial information for Sunland Company is as follows Dec. 31, 2016 Dec. 31, 2017 237,400 1,381,000 $1,618,400 261,300 835,200 $1,096,500
Do It! Review 13-2 Summary financial information for Sunland Company is as follows Dec. 31, 2016 Dec. 31, 2017 237,400 1,381,000 $1,618,400 261,300 835,200 $1,096,500 Current assets Plant assets Total assets Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base year. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) Amount Percent Current assets $ Plant assets Total assets$ Click if you would like to Show Work for this question: Open Show Work
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