Analysis 123. The balance sheet data of Randolph Company for two recent years appears below:...
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Analysis 123. The balance sheet data of Randolph Company for two recent years appears below: Year Year 1 Assets Current assets Plant assets Total assets $ 440 $280 S1115 Liabilities and stockholders' equity Current liabilities Long-term debt Common stock 280 $12 325 earnings Total liabilities and stockholders' equity a. Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year. b. Using vertical analysis, prepare a comparative balance sheet Round percentages to one decimal place
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