19991998Current Assets500,000400,000Property, Plant and Equip1,584,0001,320,000Current Liabilities364,000280,000Non current liabilities532,000380,000Owner's Capital1,888,0001,060,000make the horizontal analysis for 1999 using the 1988 as base year.

(A) (B) (C) = (A-B) (D) = (C) / (B) 1999 1998 Change in amount Percent Change Current…

Answered: 1999 1998 Current Assets 500,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Problem 1Q

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1999 1998 Current Assets 500,000 400,000 Property, Plant and Equip 1,584,000 1,320,000 Current Liabilities 364,000 280,000 Non current liabilities 532,000 380,000 Owner's Capital 1,888,000 1,060,000 make the horizontal analysis for 1999 using the 1988 as base year.