Here is financial information for Sage Hill Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2022 $110,200 402,200 101,200 126,200 134,200 150,800 December 31, 2021 $92,200 354,200 2022 69,200 92,200 119.200 165,800 Prepare a schedule showing a horizontal analysis for 2022, using 2021 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%) SAGE HILL INC. Condensed Balance Sheet December 31 2021 Increase or (Decrease) Amount Percentage

Here is financial information for Sage Hill Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2022 $110,200 402,200 101,200 126,200 134,200 150,800 December 31, 2021 $92,200 354,200 2022 69,200 92,200 119.200 165,800 Prepare a schedule showing a horizontal analysis for 2022, using 2021 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%) SAGE HILL INC. Condensed Balance Sheet December 31 2021 Increase or (Decrease) Amount Percentage

Name: Here is financial information for Sage Hill Inc.Current assetsPlant a
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Description: Here is financial information for Sage Hill Inc.Current assetsPlant assets (net)Current liabilitiesLong-term liabilitiesCommon stock, $1 parRetained earningsDecember 31, 2022$110,200402,200101,200126,200134,200150,800December 31, 2021$92,200354,2002

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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