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The comparative condensed balance sheets of Conard Corporation are presented below. CONARD CORPORATION Comparative Condensed Balance Sheets December 31, 2013 2013 2012 Assets Current assets
The comparative condensed balance sheets of Conard Corporation are presented below. CONARD CORPORATION Comparative Condensed Balance Sheets December 31, 2013 2013 2012 Assets Current assets $ 74,000 $ 80,000 Property, plant, and equipment (net) 99,000 90,000 Intangibles 27,000 40,000 Total assets $200,000 $210,000 Liabilities and stockholders' equity Current liabilities $ 42,000 $ 48,000 Long-term liabilities 143,000 150,000 Stockholders' equity 15,000 12,000 Total liabilities and stockholders' equity $200,000 $210,000 Complete the horizontal analysis of the balance sheet data for Conard Corporation using 2012 as a base. (If amount is a decrease, use a parentheses. Round percentages to 1 decimal place, e.g. 10.5.) E18-3 The comparative condensed balance sheets of Conard Corporation are presented below. CONARD CORPORATION Comparative Condensed Balance Sheets December 31, 2013 2013 2012 Assets Current assets $ 74,000 $ 80,000 Property, plant, and equipment (net) 99,000 90,000 Intangibles 27,000 40,000 Total assets $200,000 $210,000 Liabilities and stockholders' equity Current liabilities $ 42,000 $ 48,000 Long-term liabilities 143,000 150,000 Stockholders' equity 15,000 12,000 Total liabilities and stockholders' equity $200,000 $210,000 Complete the horizontal analysis of the balance sheet data for Conard Corporation using 2012 as a base. (If amount is a decrease, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round percentages to 1 decimal place, e.g. 10.5.) 2013 2012 Increase (Decrease) Percentage change from 2012 Assets Current Assets: Property,plant, equiptment (net) Intangibles Totals Assets Liabilities & Stockholders Equity Current Liabilities Longterm liabilities Total Liabilities and stockholders equity Complete the vertical analysis of the balance sheet data for Conard Corporation in columnar form for 2013. Amount Percentage Assets Current Assets: Property,plant, equiptment (net) Intangibles Totals Assets Liabilities & Stockholders Equity Current Liabilities Longterm liabilities Total Liabilities and stockholders equity
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