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Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. 2013 2014 2015 Current assets $207,700 $234,701 $251,317 Current liabilities $159,850 $166,340 $184,540 Total
Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. | |||||||||
2013 | 2014 | 2015 | |||||||
Current assets | $207,700 | $234,701 | $251,317 | ||||||
Current liabilities | $159,850 | $166,340 | $184,540 | ||||||
Total assets | $451,820 | $631,830 | $623,740 | ||||||
(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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