Here is financial information for Spangles Inc. Instructions Prepare a schedule showing a horizontal analysis for 2014,
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Instructions
Prepare a schedule showing a horizontal analysis for 2014, using 2013 as the baseyear.
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December 31, 2014 106,000 400,000 99,000 122,000 130,000 155,000 December 31, 2013 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 90,000 350,000 65,000 90,000 115,000 170,000
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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