Question: Summary financial information for Ivanhoe Company is as follows. Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base

Summary financial information for Ivanhoe Company is as follows.

Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base year.

Current assets Plant assets Total assets Dec. 31, 2017 $ 221,400 1,238,500 $1,459,900 Dec. 31, 2016 $ 267,600 812,600 $1,080,200 Current assets Plant assets Total assets $ Amount Percent % % %

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Question: Summary financial information for Ivanhoe Company is as follows. Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base

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