Financial information for Kurzen Inc is presented below Instructions Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year December 31, 2017 December 31, 2016 $100,000 330,000 Current assets $125,000 Plant assets (net) 396,000 91,000 Current liabilities Long term lia...

Kurzen Inc December 31 2017 December 31 2016 Chang ...

Financial information for Kurzen Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for

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Financial information for Kurzen Inc. is presented below.

December 31, 2017 December 31, 2016 $100,000 330,000 Current assets $125,000 Plant assets (net) 396,000 91,000 Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 133,000 161,000 136,000 70,000 95,000 115,000 150,000

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Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year.

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Apr 24, 2020 01:24 AM

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Financial information for Kurzen Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for

Question:

December 31, 2017 December 31, 2016 $100,000 330,000 Current assets $125,000 Plant assets (net) 396,000 91,000 Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 133,000 161,000 136,000 70,000 95,000 115,000 150,000

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