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Using the information given, compute the required amounts, ratios and percentages. Summary financial information for Blossom company is as Follows: Dec 31, 2020 Dec 31,
Using the information given, compute the required amounts, ratios and percentages.
Summary financial information for Blossom company is as Follows:
Dec 31, 2020 Dec 31, 2019
Current Assets $204,530 $226,000
Plant Assets $986,916 $758,000
Total Assets $1,348,490 $1,066,000
Compute the amount and percentage changes in 2020 using Horizontal analysis, assuming 2019 is the base year.
Amount Percent
Current Assets
Plant Assets
Total Assets
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