Question: Exercise 1 Summary financial information for Rosepatch Company is as follows. Current assets Plant assets (net) Total assets December 31, 2020 $234,000 756,000 $990,000 December

Exercise 1 Summary financial information for Rosepatch Company is as follows.

Exercise 1 Summary financial information for Rosepatch Company is as follows. Current assets Plant assets (net) Total assets December 31, 2020 $234,000 756,000 $990,000 December 31, 2019 $180,000 420,000 $600,000 Compute the amount and percentage changes in 2020 using horizontal analysis, assuming 2019 is the base year

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