Common-Size Balance Sheets and Horizontal Analysis Comparative balance sheets for Farinet Company for the past two years are as follows: Cash Accounts receivable Inventory Prepaid rent Total current assets Land Plant and equipment Accumulated depreciation Total long-term assets Total assets Accounts payable Income taxes payable Short-term notes payable Total current liabilities Bonds payable Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity December 31 2017 2016 $16,510 $19,500 40,700 30,470 29,860 49,390 18,300 12,390 $105,370 $111,750 $149,430 $149,430 799,110 599,160 129,460 60,630 $819,080 $687,960 $924,450 $799,710 $24,360 $20,930 6,610 10,010 70,580 50,270 $101,550 $81,210 $150,880 $199,510 $400,930 $300,110 271,090 $672,020 $518,990 $924,450 $799,710 218,880 Check My Work 2 more Check My Work uses remaining comparative balance sheets for the two years for 1. Using the format Example 13-4, prepare common Note: Due to sounding totals may not up to 100% Farinet Company Core Comes December 31, 2017 And 2016 December 31, 2017 Dollars December 31, 2017 Percent December , 2016 Dollars December 31, 2016 Percent L IIIIIII Previous Next > Total 200OLOUDDDDDDDDDI idiiiii F000000000000000 idoddiiiii Total stockhors equity Tools and stock aty 2niseton.common manahesitambrunachalelibattaineteegnantallatherm.channel for n onzercent P S Next > e changes from 2016 2017 2. Based on common w ays, it can be concluded that wadah Account recevable accounted for a higher proportion of totales b. Bondsrepresented a smaller share of capital structure c. Current assets as a percentage of total assets increased d. tary counted for a share of total assets 3. Using the formatin Example 13 prepare comparative Balance sheets for Fannet Company, nuting columns for the colors and for the percent increase or decrease in each item on the statement Round all percentages to the nearest whole percent of an answer is zero, entero. If there is in the dollar value or a decrease in percent from last year to this year enter a minus sign Far Com (L Comparative Balance Sheets ) De And 2016 December 31, 2017 December 31, 2016 Increww/Decree Dollars Inc. Decree Percent DODOM 11bco6 Total Previous 3. Using the format in Example 13-1, prepare comparative balance sheets for Farinet Company, including columns for the dollars and for the percentage increase or decrease in each on the statement. Round all percentages to the newest whole percent of an answer is per enter . If there is a decrease in the dollar value or a decrease in percent from last year this year terminus sign Farinet Company Comparative Balance Sheets December 31, 2017 And 2016 December 31, 2017 December 31, 2016 ease Dollars Increase/Decrease Percent 1oooddooddd Total long term Total Check My Work 2 more Check My Workesroman Previous 0000000000 ( GOOGLE Telatedhelloreguly Total bodies and stockholders' equity 1. Identify the five items on the balance sheet that experienced the largest change from one year to the next. For each of these items, explain where you would look to find additional normation about the change. Ok My Work 2 ore Check My Worker (Previous Next Total current abilities 000000000 Con000and BOARANAM Total stockholders' equity Total oblities and stockholders' equity 4. Identify the five items on the balance sheet that experienced the largest change from one year to the next for each of these items, explain where you would look to find additional information about the change Items Records