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Selected data from the comparative statements of financial position of Benton Ltd. are shown below: (FILL IN THE BLANKS PLEASE) Selected data from the comparative
Selected data from the comparative statements of financial position of Benton Ltd. are shown below:
(FILL IN THE BLANKS PLEASE)
Selected data from the comparative statements of financial position of Benton Ltd. are shown below: Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets Total assets 2018 $149,000 604,000 785,000 3,105,000 88,000 $4,731,000 2017 $174,000 399,000 605,000 2,781,000 98,000 $4,057,000 2016 $ 74,000 454,000 707,000 2,841,000 $4,076,000 (a) Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2016 is the base year. (Round answers to 1 decimal place, e.g. 5.2%.) 2018 2017 2016 Cash Accounts receivable Inventory Property, plant, and equipment Attempts: 0 of 2 usedStep by Step Solution
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