gnment #11 - Chapter 14 Question 1 of 7 current attempt Progress Condensed data from the comparative statement of financial position of Penny Worth Inc. Current assets Non-current assets Current liabilities Non-current liabilities Common shares Retained earnings 2021 $ 114,000 404,000 111,000 90,000 110,000 207,000 2020 $112,000 330.000 99,000 111,000 101,000 131,000 2019 $102,000 300,000 96,000 121,000 101,000 84,000 (a) Using horizontal analysis, calculate the percentage of a base-year amount, using 2019 as the b decimal place, eg. 15.2%.) PENNY WORTH INC. Horizontal Analysis of Statement of Financial Position (% of base-year amount) 2021 2020 2019 Current assets 9 % Non-current assets 96 9 90 Current liabilities Non-current liabilities Common shares se 9 % Retained earnings 96 36 e Textbook and Media Attempts: 0 of 3 used Submit Answer Stivelor Later Using multiple attempts will impact your score, 5% score reduction after attempt 1