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upton upton
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7 years ago
Complete the horizontal analysis of Soopy's Used Cars. (Round all percentages to the nearest tenth of a percent.)

   2013   2012   Amount    Percent
         of Change   of Change
Current Assets   $75,000   $60,000
Plant and Equipment   225,000   200,000
Total Assets   $300,000   $260,000

Current Liabilities   $ 30,000   $ 35,000
Long-term Liabilities   80,000   70,000
Common Stock   100,000   100,000
Retained Earnings   90,000   55,000
Total Liabilities and
  Stockholders' Equity   $300,000   $260,000
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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