Summary financial information for Crane Company is as follows. Compute the amount and percentage changes in...
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Summary financial information for Crane 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 eg.-45,-45% or parentheses eg. (45), (45%). Round percentages to 2 decimal places, eg. 1.25%) Increase (Decrease) in 2022 December 31, 2022 December 31, 2021 Amount Current Assets $180,600 $210,000 $ Plant Assets 821,600 790,000 Total assets $1,002,200 $1,000,000 Percent % % % Summary financial information for Crane 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 eg.-45,-45% or parentheses eg. (45), (45%). Round percentages to 2 decimal places, eg. 1.25%) Increase (Decrease) in 2022 December 31, 2022 December 31, 2021 Amount Current Assets $180,600 $210,000 $ Plant Assets 821,600 790,000 Total assets $1,002,200 $1,000,000 Percent % % %
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