Financial information for Kurzen Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for
Question:
Financial information for Kurzen Inc. is presented below.
Instructions
Prepare a schedule showing a horizontal analysis for 2015 using 2014 as the baseyear.
Transcribed Image Text:
December 31, 2015 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $125,000 396,000 91,000 133,000 161,000 136,000 December 31, 2014 $100,000 330,000 70,000 95,000 115,000 150,000
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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