Question
Summary financial information for Ivanhoe Company is as follows. Dec. 31, 2022 Dec. 31, 2021 Current assets $ 220,770 $ 267,600 Plant assets 1,239,215 812,600
Summary financial information for Ivanhoe Company is as follows.
Dec. 31, 2022 | Dec. 31, 2021 | |||||
---|---|---|---|---|---|---|
Current assets | $ 220,770 | $ 267,600 | ||||
Plant assets | 1,239,215 | 812,600 | ||||
Total assets | $1,459,985 | $1,080,200 |
Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2021 is the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
Amount | Percent | ||||
---|---|---|---|---|---|
Current assets | $enter a dollar amount | enter percentages rounded to 1 decimal place | % | ||
Plant assets | enter a dollar amount | enter percentages rounded to 1 decimal place | % | ||
Total assets | $enter a total amount | enter percentages rounded to 1 decimal place | % |
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