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PLEASE HELP ME WITH THE PERCENTAGES ON THIS PARTIAL BALANCE SHEET HORIZONTAL ANALYSIS, URGENT! Prepare a verticar anaysiS on tne partiai Dalance sheets Tor 2017
PLEASE HELP ME WITH THE PERCENTAGES ON THIS PARTIAL BALANCE SHEET "HORIZONTAL ANALYSIS", URGENT!
Prepare a verticar anaysiS on tne partiai Dalance sheets Tor 2017 ana 2018. Enter decreases as hegative amounts/percents. C. Manuel Inc. Partial Balance Sheet (Horizontal Analysis) For the years ended December 31, 2018 and 2017 Increase/decrease 2018 2017 Amount Percent Current assets $ 103,490 $ $ Cash 56,100 47,390 Accounts receivable (net) 36,000 30,000 6,000 42,000 Inventory 44,000 2,000 2,000 Prepaid expenses 4,500 (2,500) Other current assets 2,880 4,400 (1,520) 188,370 137,000 51,370 Total current assets Long-term investments 78,000 54,000 24,000 255.000 Plant assets 305,000 50,000 Less: accumulated depreciation (77,800) (51,000) (26,800) 204,000 Total plant assets 227,200 23,000 98,570 $ 493,570 $ 395,000 Total assetsStep by Step Solution
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