Question
Here is financial information for Larkspur, Inc. December 31, 2017 December 31, 2016 Current assets $ 108,500 $ 92,800 Plant assets (net) 402,800 352,500 Current
Here is financial information for Larkspur, Inc.
December 31, 2017 | December 31, 2016 | |||
---|---|---|---|---|
Current assets | $ 108,500 | $ 92,800 | ||
Plant assets (net) | 402,800 | 352,500 | ||
Current liabilities | 101,800 | 67,500 | ||
Long-term liabilities | 124,500 | 92,800 | ||
Common stock, $1 par | 132,500 | 117,500 | ||
Retained earnings | 152,500 | 167,500 |
Prepare a schedule showing a horizontal analysis for 2017, using 2016 as 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%.)
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Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages | |||||||||
Enter a dollar amount | Enter percentages |
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