Comparative data from the balance sheet of Rioux Ltd are shown below Calculate the percentage of the base amount for each year Current assets Property, plant, and equipment Goodwill 2017 $1,530,000 3,130,000 2016 $1,175,000 2,800,000 2015 $1,225,000 2,850,000 10,000 90,000 Total assets $4,670,000 $...

2017 Amount Percentage Current assets 1530000 328 Property plant and equipment 31 ...

Comparative data from the balance sheet of Rioux Ltd. are shown below. Calculate the percentage of the

Question:

Comparative data from the balance sheet of Rioux Ltd. are shown below. Calculate the percentage of the base amount for each year.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...