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I need help finishing the calculations for the percentage change from 2013 for (& change of Property Plant Equipment, change in % of total assets,
I need help finishing the calculations for the percentage change from 2013 for (& change of Property Plant Equipment, change in % of total assets, and % change of total liabilities and stockholders equity) Thanks
TEAL MOUNTAIN INC. Condensed Balance Sheet May 31 ($ in millions) 2019 2018 Assets Current Assets $9,510 $8,770 Property, plant, and equipment (net) 1,960 1,800 Other assets 1,580 1,790 Total assets $13,050 $12,360 Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3,300 1,260 8,490 $3,400 1,340 7,620 Stockholders' equity Total liabilities and stockholders' equity $13,050 $12,360 (a) Prepare a horizontal analysis of the balance sheet data for Teal Mountain, using 2018 as a base. (If amount and percentage are a decrease show TEAL MOUNTAIN INC. Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2013 2019 Increase (Decrease) 2018 Assets Current Assets $9,510 $8,770 $ 740 8.4 % Property, plant, and equipment (net) 1,960 1,800 160 Other assets (210) (11.7) 1,580 1,790 $13,050 $12,360 $ Total assets 690 Liabilities and Stockholders' Equity Current Liabilities (2.9) $3,300 1,260 8,490 Long-term liabilities $3,400 $ 1,340 7,620 (100) (80) (6.0) Stockholders' equity 870 11.4 Total liabilities and stockholders' equity $13,050 $12,360 $ 690Step by Step Solution
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