The comparative balance sheet of Culver Service Company appears below: CULVER COMPANY Comparative Balance Sheet December...
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The comparative balance sheet of Culver Service Company appears below: CULVER COMPANY Comparative Balance Sheet December 31, Assets Current assets Plant assets Total assets Liabilities and stockholders' equity Current liabilities Long-term debt 2025 2024 $484 $306 616 594 $1,100 $900 $209 $144 286 189 13 Common stock 349 360 Retained earnings 256 207 Total liabilities and stockholders' equity $1,100 $900 Using horizontal analysis, show the percentage change for each balance sheet item using 2024 as a base year. (If percentage change is a decrease show the numbers as negative, eg. -52.7 % or (52.7%). Round percentages to O decimal places, eg. 52%) CULVER SERVICE COMPANY Comparative Balance Sheet December 31, Assets: Current assets Plant assets Total assets Liabilities and stockholders' equity 2025 2024 Percentage change $484 $306 158.17 96 816 594 103.70 % $1,100 $900 122.22 Current liabilities $209 $144 145.14 Long-term debt 286 189 151.32 Common stock de % de % 349 360 96.94 % Retained earnings 256 207 123.67 % Total liabilities and stockholders' equity $1,100 $900 122.22 % The comparative balance sheet of Culver Service Company appears below: CULVER COMPANY Comparative Balance Sheet December 31, Assets Current assets Plant assets Total assets Liabilities and stockholders' equity Current liabilities Long-term debt 2025 2024 $484 $306 616 594 $1,100 $900 $209 $144 286 189 13 Common stock 349 360 Retained earnings 256 207 Total liabilities and stockholders' equity $1,100 $900 Using horizontal analysis, show the percentage change for each balance sheet item using 2024 as a base year. (If percentage change is a decrease show the numbers as negative, eg. -52.7 % or (52.7%). Round percentages to O decimal places, eg. 52%) CULVER SERVICE COMPANY Comparative Balance Sheet December 31, Assets: Current assets Plant assets Total assets Liabilities and stockholders' equity 2025 2024 Percentage change $484 $306 158.17 96 816 594 103.70 % $1,100 $900 122.22 Current liabilities $209 $144 145.14 Long-term debt 286 189 151.32 Common stock de % de % 349 360 96.94 % Retained earnings 256 207 123.67 % Total liabilities and stockholders' equity $1,100 $900 122.22 %
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