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Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, e.g. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 11.4 % -13.7 % -3.4 % 2019

Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, e.g. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 11.4 % -13.7 % -3.4 % 2019

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Selected data from the comparative statements of financial position of Page Ltd. are shown below: Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets Total assets 2021 $149,000 598,000 779,000 3,159,000 89,000 $4,774,000 2020 $173,000 398,000 606,000 2,773,000 100,000 2019 $74,000 449,000 702,000 2,870,000 0 $4,050,000 $4,095,000
Transcribed Image Text:Selected data from the comparative statements of financial position of Page Ltd. are shown below: Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets Total assets 2021 $149,000 598,000 779,000 3,159,000 89,000 $4,774,000 2020 $173,000 398,000 606,000 2,773,000 100,000 2019 $74,000 449,000 702,000 2,870,000 0 $4,050,000 $4,095,000
Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, eg. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 114 % -13.7 % -34 % 2019
Transcribed Image Text:Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, eg. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 114 % -13.7 % -34 % 2019
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