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Exercise 18-1 Financial information for Kurzen Inc. is presented below. December 31, 2017 December 31, 2016 Current assets Plant assets (net) Current liabilities Long-term liabilities

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Exercise 18-1 Financial information for Kurzen Inc. is presented below. December 31, 2017 December 31, 2016 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings S123,000 394,800 89,300 130,900 167,000 30,600 S104,800 334,500 72,800 88,200 116,500 161,800 Enter negative amounts and percentages using either a negative sign preceding the number eg.-45-45% or parentheses Prepare a schedule showng a horizontal ana ysis for 2017 using 2016 as he base year. e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.)

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