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VERSION BACK NEXT Question 2 Here is financial information for Tamarisk, Inc. December 31, 2017 Current assets $109,400 Plantasets (net) 403,000 Current liabilities 102,000 Long-term

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VERSION BACK NEXT Question 2 Here is financial information for Tamarisk, Inc. December 31, 2017 Current assets $109,400 Plantasets (net) 403,000 Current liabilities 102,000 Long-term abilities 125,400 Common stock, 51 par 133.400 Retained earnings 151,600 December 31, 2016 $93.000 353.400 68.400 93,000 118.400 106,600 Prepare a schedule showing a horontal analysis for 2017. ng 2016 as the base year (if amount and percentage are a decrease (55,000. (2009). Round percentages to I decimal place 12.19) negative . -55,000, 0 or TAMARISK, INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 Percentage Current Assets $109.400 $93,000 Plantawts (net) 403.000 353,400 Totalsts $512,400 $446,400 2017 2016 Increase or (Decrease) Amount Percentage Assets Current Assets $109,400 $93,000 Plant assets (net) 403,000 353,400 Total assets $512,400 $446,400 Liabilities Current Liabilities $102,000 $68,400 Long-term liabilities 125,400 93,000 Total liabilities $227,400 $161,400 Stockholders' Equity Common stock, $1 par 133,400 118,400 Retained earnings 151,600 166,600 Total stockholders' equity 285,000 285,000 Total liabilities and stockholders' equity $512,400 $446,400

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