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Here is financial information for Splish Brothers Inc for Managerial Accounting Here is nancial information for Splish Brothers Inc. December 31, 2017 December 31, 2016

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Here is financial information for Splish Brothers Inc for Managerial Accounting

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Here is nancial information for Splish Brothers Inc. December 31, 2017 December 31, 2016 Current assets $108,300 $ 92,600 Plant assets (net) 402,600 352,300 Current liabilities 101,600 67,300 Long-term liabilities 124,300 92,600 Common stock, $1 par 132,300 117,300 Retained earnings 152,700 167,700 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, e3. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, as. 12.1%.) SPLISH BROTHERS INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets $108,300 $92,600 $ % Plant assets (net) 402,600 352,300 % Total assets $510,900 $444,900 $ % Liabilities Current Liabilities $101,600 $67,300 $ % Long-term liabilities 124,300 92,600 % Total liabilities $225,900 $159,900 $ % Stockholders' Equity Common stock, $1 par 132,300 117,300 % Retained earnings 152,700 167,700 % Total stockholders' equity 285,000 285,000 % Total liabilities and stockholders' $510,900 $444,900 $ % equity

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