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Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. 2013 2014 2015 Current assets $286,900 $324,197 $338,542 Current liabilities $161,460 $167,490 $183,140 Total
Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015.
2013 | 2014 | 2015 | |
Current assets | $286,900 | $324,197 | $338,542 |
Current liabilities | $161,460 | $167,490 | $183,140 |
Total assets | $510,160 | $608,510 | $630,910 |
(b)
Perform each of the three types of analysis on Schellhammers current assets.(Round percentages to 0 decimal places, e.g. 43% and ratios to 2 decimal places, e.g.1.58.)
2013 | 2014 | 2015 | ||||
Horizontal Analysis | ||||||
Current assets | % | % | % | |||
Vertical Analysis | ||||||
Current assets | % | % | % | |||
Ratio Analysis | ||||||
Current ratio |
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