Summary financial information for Gandaulf Company is as follows. ____________________________Dec. 31, 2019 Dec. 31, 2018 Current assets............................$
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____________________________Dec. 31, 2019 Dec. 31, 2018
Current assets............................$ 200,000..................$ 220,000
Plant assets...............................1,040,000.....................780,000
Total assets..............................$1,240,000.................$1,000,000
Compute the amount and percentage changes in 2019 using horizontal analysis, assuming 2018 is the base year.
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Related Book For
Financial Accounting
ISBN: 978-1119305736
10th edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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