Below is a sample balance sheet that includes two years:

1. Calculate How have the different items in the balance sheet changed in percentages between the end of 2003 and 2004?
2. Compute Use spreadsheet software to make these calculations.

2003 2004 Assets Cash 17,500 24,300 Marketable securities 93,000 88,000 Accounts receivable 87,455 68,600 Inventories 162,000 169,000 Fixed assets 147,000 138,000 Liabilities Current liabilities 114,000 122,000 Long-term debt 216,000 214,000 Partnership equity 176,955 151,900