Account Assets: Able Corporation Condensed Balance Sheets 31-Dec Current Assets Property, Plant & Equipment Intangibles Total Assets Liabilities & Stockholder's Equity Current Liabilities Long-term Liabilities Stockholders' Equity Total Liabilities & Stockholder's Equity Balance 2017 72,000 95,400 33,600 201,000 40,320 142,500 18,180 201,000 2016 80,000 90,000 40,000 210,000 48,000 150,000 12,000 210,000 1. Prepare a trend analysis of the balance sheet data for Able Corp. using 2016 as a base - in Excel II. Prepare a common size analysis of the balance sheer for Able Corp in columnar format for 2016 - in E

Account Assets: Able Corporation Condensed Balance Sheets 31-Dec Current Assets Property, Plant & Equipment Intangibles Total Assets Liabilities & Stockholder's Equity Current Liabilities Long-term Liabilities Stockholders' Equity Total Liabilities & Stockholder's Equity Balance 2017 72,000 95,400 33,600 201,000 40,320 142,500 18,180 201,000 2016 80,000 90,000 40,000 210,000 48,000 150,000 12,000 210,000 1. Prepare a trend analysis of the balance sheet data for Able Corp. using 2016 as a base - in Excel II. Prepare a common size analysis of the balance sheer for Able Corp in columnar format for 2016 - in E

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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