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Summary financial information for Paragon Company is as follows. Dec. 31, 2014 Dec. 31, 2013 Current assets $200,000 $220,000 Plant assets 1,040,000 780,000 Total assets
Summary financial information for Paragon Company is as follows.
Dec. 31, 2014 | Dec. 31, 2013 | |
Current assets | $200,000 | $220,000 |
Plant assets | 1,040,000 | 780,000 |
Total assets | $1,240,000 | $1,000,000 |
Compute the amount and percentage changes in 2014 using horizontal analysis, assuming 2013 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 0 decimal places, e.g. 12%.)
Amount | Percent | ||
Current assets | $ | % | |
Plant assets | % | ||
Total assets | $ | % |
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