Question: Financial information for Kurzen Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for 2015 using 2014 as the baseyear. December 31,
Financial information for Kurzen Inc. is presented below.
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Instructions
Prepare a schedule showing a horizontal analysis for 2015 using 2014 as the baseyear.
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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KURZEN INC Condensed Balance Sheets December 31 Increase or Decrease 2015 2014 Amount Perce... View full answer
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