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Selected financial information for Teal Mountain Corporation is presented below. Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year.
Selected financial information for Teal Mountain Corporation is presented below. Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. (Round percentage answers to 0 decimal places, eg. 15%.) Increase (Decrease) December 31, 2020 December 31, 2019 Amount Percentage Current assets $54,270 $40,200 $ % Long-term liabilities 91,800 76,500 % Retained earnings 134,820 107.000 % Save for Later Attempts: 0 of 1 used Submit
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