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ent Open Assignment MESSAGE MY INSTRUCTOR FU Your answer is partially correct. Try again. ENT RESOURCES erformance The comparative condensed balance sheets of Gurley Corporation

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ent Open Assignment MESSAGE MY INSTRUCTOR FU Your answer is partially correct. Try again. ENT RESOURCES erformance The comparative condensed balance sheets of Gurley Corporation are presented below. see 14-3 se 14-11 GURLEY CORPORATION se 14-13 Comparative Condensed Balance Sheets December 31 core 2017 2016 Results by Stud Assets Current assets 74,000 80,000 Property, plant, and equipment (net) 99,000 90,000 Intangibles 27,000 40,000 200,000 210,000 Total assets Liabilities and stockholders' equity 42,000 48,000 Current liabilities 143,000 150,000 Long-term liabilities 12,000 Stockholders' equity 15,000 Total liabilities and stockholders' equity 200,000 210,000 (a) Prepare a horizontal analysis of the balance sheet data for Gurley Corporation using 2016 as a base. (Enter negative am negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to GURLEY CORPORATION

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