Using horizontal analysis, calculate the percentage of the base-year amount, using 2019 as the base year. (Round answers to 1 decimal place, e.g. 52.7%) Current assets Property, plant, and equipment Total assets 2021 % % 2020 2019 %

Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
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Chapter9: Metric-analysis Of Financial Statements
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Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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Using horizontal analysis , calculate the percentage of the base- year amount, using 2019 as the base year.                             please answer do not image.

Comparative data from the statement of financial position of Crown Point Ltd. are shown below.
Current assets
Property, plant, and equipment
Goodwill
Total assets
2021
$1,526,000
3,156,000
137,000
$4,819,000
2020
$1,171,000
2,777,000
147,000
2019
$1,235,000
2,860,000
-0-
$4,095,000 $4,095.000
Transcribed Image Text:Comparative data from the statement of financial position of Crown Point Ltd. are shown below. Current assets Property, plant, and equipment Goodwill Total assets 2021 $1,526,000 3,156,000 137,000 $4,819,000 2020 $1,171,000 2,777,000 147,000 2019 $1,235,000 2,860,000 -0- $4,095,000 $4,095.000
Using horizontal analysis, calculate the percentage of the base-year amount, using 2019 as the base year. (Round answers to 1
decimal place, eg. 52.7%)
Current assets
Property, plant,
and equipment
Total assets
2021
%
%
2020
2019
%
Transcribed Image Text:Using horizontal analysis, calculate the percentage of the base-year amount, using 2019 as the base year. (Round answers to 1 decimal place, eg. 52.7%) Current assets Property, plant, and equipment Total assets 2021 % % 2020 2019 %
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