Question: PLEASE HELP Using the following selected items from the comparative balance sheet of Crane Products Determine the horizontal analysis. (Round percentages to 2 decimal places,

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 sign preceding the number eg. -45 or parentheses eg. (45)) CRANEPRODUCTS Comparative Balance Sheet December 31 2014 2013 Horizontal analysis Amount Percentage Amount Percentage Current assets $154.224 % $179,676 % Long-term assets 244,944 167,958 % Total assets 4,536,000 % 3,906,000 % Determine the vertical analysis. (Round percentages to 1 decimal place, e.5. 12.2%.) CRANEPRODUCTS Comparative Balance Sheet December 31 2014 2013 Vertical analysis Amount Percentage Amount Percentage Current assets $154,224 % $179,676 % Long-term assets 244.944 % 167,958 % Total assets 4,536,000 % 3,906,000 %
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