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Question 3 Far Cry Ltd. reports the following balance sheet for 2018 and 2019, Required - Using the following information, performa horizontal analysis for 2019
Question 3 Far Cry Ltd. reports the following balance sheet for 2018 and 2019, Required - Using the following information, performa horizontal analysis for 2019 Far Cry Ltd. Comparative Balance Sheet 31-Dec-19 2019 Atets Cach Accounts Receivable Total Current Assets S S S 70,000 S 57,000 5 127,000 $ 2018 85,000 43,000 128,000 Property, plant and equipment, net Loans Receivable Total Assets S s S 230,000 89,000 446,000 S $ S 193,000 55,000 376,000 Liabilities Accounts Payable Bank Loan s s 62,000 80,000 45,000 43,000 Shareholder Equity Common Shares Retained Earning Total Shareholders Equity Total Liabilities & Shareholder's Equity Infos un 85,000 $ 219,000 s 304,000 $ 446,000 s 85,000 203,000 288,000 376.000 f w
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