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Summary financial information for Talulah Company is as follows. Compute the amount and percentage changes in 2013 using horizontal analysis, assuming 2012 is the base
Summary financial information for Talulah Company is as follows. Compute the amount and percentage changes in 2013 using horizontal analysis, assuming 2012 is the base year. (If amount is a decrease, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round percentage to 1 decimal place, e.g. 10.5.) December 31, 2013 December 31, 2012 Current assets $ 183,670 $ 215,330 Plant assets $ 821,110 $ 765,270 Total assets $ 1,030,500 $1,013,600
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