Question
Use this balance sheet to do horizontal analysis of the Howard Company. 2019 2018 amount percent Assets Current Assets $13,000 $10,000 Plant Assets $44,000 $50,000
| Use this balance sheet to do horizontal analysis of the Howard Company. | ||||||||
| 2019 | 2018 | amount | percent | |||||
| Assets | ||||||||
| Current Assets | $13,000 | $10,000 | ||||||
| Plant Assets | $44,000 | $50,000 | ||||||
| Total Assets | $57,000 | $60,000 | ||||||
| Liabilities | $11,000 | $20,000 | ||||||
| Stockholders' Equity | $46,000 | $40,000 | ||||||
| Total Liabilities and Equity | $57,000 | $60,000 | ||||||
What is the percent increase or decrease for plant assets?
| decrease of 13.6% | ||
| increase of 12% | ||
| decrease of 12% | ||
| increase of 13.6% |
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The Human Resource Function Audit
Authors: Peter Reilly, Marie Strebler, Polly Kettley
1st Edition
0955970776, 978-0955970771
