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Here is financial information for Marin Inc. December 31,2017 $110.400 404,600 103,600 126.400 134,400 150,600 December 31, 2016 $94,600 354,400 69,400 94,600 119,400 165,600 Current
Here is financial information for Marin Inc. December 31,2017 $110.400 404,600 103,600 126.400 134,400 150,600 December 31, 2016 $94,600 354,400 69,400 94,600 119,400 165,600 Current assets Plant assets (net) Current liabilities Long.term liabilities Common stock, $1 par Retained carnings Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year decimal place, e.g. 12.1%.) amount and percentage are decrease show the numbers as negative, eg. 5 5,000-20% or 55 000 20% Round percentages to 1 1 MARIN INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Perce Assets Current Assets Plant assets (net) $110,400 $94,600 $ 404,600 354,400 Total assets Liabilities Current Liabilities Long-term liabilities $515,000 $449,000 $ $103,600 $69,400 $ 126.400 94,600 $230,000 $164,000 $ Total llabilities Stockholders' Equi Common stock, $1 par Retained earnings 134.400 119.400 150,600 165,600 285,000 285,000 Total stockholders' equity Total liabilities and stockholders 515,000 $449000$ equity
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