Question
Selected comparative financial statements of Zayed Abu Dhabi Corporation follow. Zayed Abu Dhabi Corporation Comparative Balance Sheets For the years ended December 31, 2017-2020 2020
Selected comparative financial statements of Zayed Abu Dhabi Corporation follow.
Zayed Abu Dhabi Corporation |
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Comparative Balance Sheets |
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For the years ended December 31, 2017-2020 |
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| 2020 | 2019 | 2018 | 2017 | |
Cash | 58 | 82 | 78 | 84 | |
Accounts recble., net | 466 | 490 | 514 | 360 | |
Merchandise inventory | 1802 | 1190 | 1332 | 998 | |
Plant assets, net | 2020 | 1752 | 2014 | 944 | |
Total assets | 4442 | 4002 | 3518 | 2600 | |
Required: Compute trend percentage (to one decimal) for each year using 2017 as the base year.
Answer
Zayed Abu Dhabi Corporation |
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Comparative Balance Sheets |
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For the years ended December 31, 2017-2020 |
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| 2020 | 2019 | 2018 | 2017 | |
Cash |
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Accounts recble., net |
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Merchandise inventory |
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Plant assets, net |
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Total assets |
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