Summary financial information for Wolford Company is as follows. Compute the amount and percentage changes in 2015
Question:
Compute the amount and percentage changes in 2015 using horizontal analysis, assuming
2014 is the baseyear.
Transcribed Image Text:
December 31, 2015 $ 199,000 December 31, 2014 $220,000 Current assets Plant assets Total assets 821,000 780,000 $1,020,000 $1,000,000
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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