View History Bookmarks Window Help edugena ework Chapter 13 WleyPLUS Exercise 13-6 Here ars Kimmel, Accounting, 6e Help I System Announcements CALCULATC Exercise 13-5 Suppose the comparative balance sheets of Shamrock, Inc. are presented here. SHAMROCK, INC. Condensed Balance Sheet May 31 ($ In millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) Other assets 9,670 $8,740 1,900 1,850 1590 1,690 13,160 $12,280 dy Total assets Liabilities and Stockholders Equity Current Liablities Long-term labilitbies Stockholders' equity Total liabilities and stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Shamrock, using 2016 as a base. (Ifamount and percentage are 3,200 $3,320 1,270 1,320 8,6907,640 13,10 $12,280 as negative, e.g.-SS,000,-20% or (55,000), (20%). Round percentages to i decimal place, eg. 12.1%.) INC. Condensed Balance Sheet May 31 ($ in millions) Increase (Decrease) 2017 2016 from 2016 8. 2 5 9