Summary financial information for Talulah Company is as follows. Compute the amount and percentage changes in 2013

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Summary financial information for Talulah Company is as follows.

Compute the amount and percentage changes in 2013 using horizontal analysis, assuming 2012 is the baseyear.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

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

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Question Posted: Oct 28, 2011 06:00 AM

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Summary financial information for Talulah Company is as follows. Compute the amount and percentage changes in 2013

Question:

December 31, 2012 December 31, 2013 $ 199,000 821.000 $1.020.000 Current assets Plant assets Total assets $ 220,000 780,000 $1.000,000

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