Question

Ryan Company furnished the condensed data shown in Exhibit.


1. Prepare a trend analysis for Ryan’s income statements and balance sheets that compares 20X3 with 20X2. Your analysis should show both the dollar amount and the percentage change between 20X2 and 20X3.
2. Prepare common-size income statements for 20X2 and 20X3 and common-size balance sheets for December 31, 20X3, and December 31, 20X2, for Ryan Company.
3. Comment on Ryan Company’s financial performance and position for 20X3 compared with20X2.


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  • CreatedFebruary 20, 2015
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