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Question 3 of 5 -/ 15 View Policies Current Attempt in Progress Here is financial information for Oriole Inc. December 31, 2022 December 31, 2021
Question 3 of 5 -/ 15 View Policies Current Attempt in Progress Here is financial information for Oriole Inc. December 31, 2022 December 31, 2021 Current assets $123,000 $100,000 Plant assets (net) 394,471 329,000 Current liabilities 120,331 74,000 Long-term liabilities 128,140 86,000 130,900 119,000 Common stock, $1 par Retained earnings 138,100 150,000 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g.-45,-45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) a ORIOLE INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2022 2021 Amount Percentage Assets Current assets $123,000 $100,000 $ 23,000 23 % Plant assets (net) 394,471 329,000 65,471 19.7 % Total assets $517,471 $429,000 $ 88,471 % Liabilities Current liabilities $120,331 $74,000 $ % Long-term liabilities 128,140 86,000 % Total liabilities 248,471 160,000 % Stockholders' Equity Common stock, $1 par 130,900 119,000 % Retained earnings 138,100 150,000 % Total stockholders' equity 269,000 269,000 % Total liabilities and stockholders' equity $517,471 $429,000 $ %
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