Problem 18, did I do this correctly? Analysis BaAnalysis Inc Sheet Stmt...
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Accounting
Problem 18, did I do this correctly?
Analysis BaAnalysis Inc Sheet Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. be entered as 23.4).) THORNTON COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items 13,200 7,800 46,100 144,800 11,300 223,200 21,800 255,900 24,500 302.200 525,400 16,700 S 26.5 % 182.0 22,000 54,400 136,000 26.500 255,600 28,200 271,100 30,700 330,000 18.0 Total current assets Investments Plant (net) Land 134.5 14.5 29.4 5.9 25.3 9.2 11.5 Total long-term assets Total assets 585,600S Liabilities and Stockholders' Equity
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