Summary financial information for Rapture Limited is as follows. ________________ December 31, 2017 _______December 31, 2016 Plant

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Summary financial information for Rapture Limited is as follows.

________________ December 31, 2017 _______December 31, 2016

Plant assets ................ £ 821,000 ............... £750,000

Current assets ............... 188,000 .................. 225,000

Total assets ................ £1,009,000 .............. £975,000

Compute the amount and percentage changes in 2017 using horizontal analysis, assuming 2016 is the base year?

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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