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Here is financial information for Larkspur, Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings Assets Current Assets Plant assets (net) December 31, 2019 $110,390 416.576 105,910 109,056 140,868 wwww...AND 171.132 Prepare a schedule showing a horizontal analysis for 2019, using 2018 as the base year. Of amount and percentage are a decrease show the numbers as negative, eg 55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12.1%) 2019 $110.390 416,576 December 31, 2018 $95.000 368,000 70,000 5526946 2018 LARKSPUR, INC. Condensed Balance Sheet December 31 $95,000 81,000 368,000 126,000 186,000 5462000 Increase or (Decrease) Amount Percentage

Here is financial information for Larkspur, Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings Assets Current Assets Plant assets (net) December 31, 2019 $110,390 416.576 105,910 109,056 140,868 wwww...AND 171.132 Prepare a schedule showing a horizontal analysis for 2019, using 2018 as the base year. Of amount and percentage are a decrease show the numbers as negative, eg 55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12.1%) 2019 $110.390 416,576 December 31, 2018 $95.000 368,000 70,000 5526946 2018 LARKSPUR, INC. Condensed Balance Sheet December 31 $95,000 81,000 368,000 126,000 186,000 5462000 Increase or (Decrease) Amount Percentage

FINANCIAL ACCOUNTING
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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Current Attempt in Progress Here is financial information for Larkspur, Inc.. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings Assets Current Assets Plant assets (net) December 31, 2019 $110,390 416.576 105,910 109,056 P 140,868 Prepare a schedule showing a horizontal analysis for 2019, using 2018 as the base year. Of amount and percentage are a decrease show the numbers as negative, eg 55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place. eg. 12.1%) 171.132 2019 December 31, 2018 $ 95,000 416,576 GENEALE $110,390 $95,000 LARKSPUR, INC. Condensed Balance Sheet December 31 2018 368,000 70,000 81,000 126,000 186,000 368,000 exconn Increase or (Decrease) Amount Percentage
Transcribed Image Text:Current Attempt in Progress Here is financial information for Larkspur, Inc.. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings Assets Current Assets Plant assets (net) December 31, 2019 $110,390 416.576 105,910 109,056 P 140,868 Prepare a schedule showing a horizontal analysis for 2019, using 2018 as the base year. Of amount and percentage are a decrease show the numbers as negative, eg 55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place. eg. 12.1%) 171.132 2019 December 31, 2018 $ 95,000 416,576 GENEALE $110,390 $95,000 LARKSPUR, INC. Condensed Balance Sheet December 31 2018 368,000 70,000 81,000 126,000 186,000 368,000 exconn Increase or (Decrease) Amount Percentage
Assets Current Assets Plant assets (net) Total assets Liabilities Current Liabilities Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2019 $110,390 LARKSPUR, INC. Condensed Balance Sheet December 31 416,576 368,000 109,056 2018 $526,966 $463,000 $95.000 $105,910 $70,000 140,868 171.132 $214,966 $151,000 81,000 126,000 186,000 312,000 312,000 $526,966 $463,000 $ S $ Increase or (Decrease) Amount Percentage % % % % %
Transcribed Image Text:Assets Current Assets Plant assets (net) Total assets Liabilities Current Liabilities Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2019 $110,390 LARKSPUR, INC. Condensed Balance Sheet December 31 416,576 368,000 109,056 2018 $526,966 $463,000 $95.000 $105,910 $70,000 140,868 171.132 $214,966 $151,000 81,000 126,000 186,000 312,000 312,000 $526,966 $463,000 $ S $ Increase or (Decrease) Amount Percentage % % % % %
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