The financial information for Spencer Ltd is provided below. Required Prepare a horizontal analysis for 2017 using
Question:
The financial information for Spencer Ltd is provided below.
Required
Prepare a horizontal analysis for 2017 using 2016 as the base year.
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Current assets Property, plant and equipment (net) Current liabilities Non-current liabilities Share capital, $1 each Retained earnings 30 June 2017 $150 000 380 000 85 000 140 000 175 000 130 000 30 June 2016 $103000 315 000 72 000 104 000 100 000 142000
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Related Book For
Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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