Here is financial information for Crane Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2025 $108,600 404,500 103,500 124,600 132,600 152,400 December 31, 2024 $94,500 352,600 67,600 94,500 117,600 167,400 Prepare a schedule showing a horizontal analysis for 2025, using 2024 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
Here is financial information for Crane Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2025 $108,600 404,500 103,500 124,600 132,600 152,400 December 31, 2024 $94,500 352,600 67,600 94,500 117,600 167,400 Prepare a schedule showing a horizontal analysis for 2025, using 2024 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Here is financial information for Crane Inc.
Current assets
Plant assets (net)
Current liabilities
Long-term liabilities
Common stock, $1 par
Retained earnings
December 31, 2025
$108,600
404,500
103,500
124,600
132,600
152,400
December 31, 2024
$94,500
352,600
67,600
94,500
117,600
167,400
Prepare a schedule showing a horizontal analysis for 2025, using 2024 as the base year. (If amount and percentage are a decrease show
the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
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