Question: Using the information given, compute the required amounts, ratios and percentages. Summary financial information for Blossom company is as Follows: Dec 31, 2020 Dec 31,

Using the information given, compute the required amounts, ratios and percentages.

Summary financial information for Blossom company is as Follows:

Dec 31, 2020 Dec 31, 2019

Current Assets $204,530 $226,000

Plant Assets $986,916 $758,000

Total Assets $1,348,490 $1,066,000

Compute the amount and percentage changes in 2020 using Horizontal analysis, assuming 2019 is the base year.

Amount Percent

Current Assets

Plant Assets

Total Assets

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