Question: Question 5 new Policies urrent Attempt in Progress Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2022

 Question 5 new Policies urrent Attempt in Progress Summary financial information

Question 5 new Policies urrent Attempt in Progress Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2021 is the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45% or parentheses eg. (45), (45%). Round percentages to 2 decimal places, eg. 1.25%) Increase (Decrease) in 2022 Dec. 31, Dec. 31, 2022 2021 Amount Percent Current $200,000 $220,000 Assets Plant 1,040,000 780,000 Assets Total $1,240,000 $1,000,000 assets

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