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Exercise 16-1 Condensed data from the comparative statement of and position of Benton Inc. follow Current ass Non-current assets Current abilities Non-current liabilities Common shares
Exercise 16-1 Condensed data from the comparative statement of and position of Benton Inc. follow Current ass Non-current assets Current abilities Non-current liabilities Common shares Retained earnings 2018 $112.000 401,000 110.000 91,000 109,000 203,000 2017 $100,000 332,000 100.000 110,000 101.000 129,000 2016 $103,000 299,000 95,000 121,000 100.000 85.000 Using horizontal analysis, calculate the percentage of a base y amount, using 2016 as the base yw (Round answers to 1 decimal place, .g. 15.296) BENTON INC Horizontal Analysis of Statement of Financial Position (% of base-year amount) 2018 2017 2016 Current assets Non-current assets Current abilities Non-current abilities Commons Retained earnings LINK TO TEXT Using horizontal analysis, calculate the percentage change for each year. (Round percentage to I decimal place, .g. 15.29 Enter negative amounts using either a negative sign preceding the numbere.q. -5.1 or parentheses e.o. (45.19.) BENTON INC. Horizontal Analysis of Statement of Financial Position (% change between periods) Increase (Decrease) 2017 Increase (Decrease) 2016 Assets Current assets Non-current assets Total assets Liabilities and Shareholders' Equity bites Current lietilities Non-current liabilities Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equily Total liabilities and shareholders' equity
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