Question: Current Attempt in Progressi Using the following selected items from the comparative balance sheet of Crane Products Determine the horizontal analysis. (Round percentages to
Current Attempt in Progressi Using the following selected items from the comparative balance sheet of Crane Products Determine the horizontal analysis. (Round percentages to 2 decimal places, eg 12.21% Enter negative amounts using either a negative signi preceding the number ea. 45 or parentheses eg. (45) CRANEPRODUCTS Comparative Balance Sheet December 31 2014 Horizontal analysis Amount Percentage 2013 Amount Percentage Current assets $119.808 % $128,960 Long-term assets 194,688 Total assets 3,744,000 96 122.512 % 3.224,000 Determine the vertical analysis. (Round percentages to 1 decimal place es. 12.2%) CRANEPRODUCTS Comparative Balance Sheet December 31 2014 2013 Vertical analysis Amount Percentage Amount Percentage Current assets $119.808 56 $128,960 Long-term assets 194,688 % 122.512 Total assets 3.744,000 % 3,224,000
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