Summary financial information for Newburg Company is as follows. Compute the amount and percentage changes in 2013
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Summary financial information for Newburg Company is as follows.
Compute the amount and percentage changes in 2013 using horizontal analysis, assuming2012 is the base year.
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Dec. 31, 2012 Dec. 31, 2013 $ 200,000 $ 220,000 Current assets Plant assets Total assets 780,000 1,040,000 $1,240,000 $1,000,000
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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