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Selected comparative financial statements of Zayed Abu Dhabi Corporation follow. ...

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Accounting

Selected comparative financial statements of Zayed Abu Dhabi Corporation follow.

Zayed Abu Dhabi Corporation

Comparative Balance Sheets

For the years ended December 31, 2017-2020

2020

2019

2018

2017

Cash

58

82

78

84

Accounts recble., net

466

490

514

360

Merchandise inventory

1802

1190

1332

998

Plant assets, net

2020

1752

2014

944

Total assets

4442

4002

3518

2600

Required: Compute trend percentage (to one decimal) for each year using 2017 as the base year.

Answer

Zayed Abu Dhabi Corporation

Comparative Balance Sheets

For the years ended December 31, 2017-2020

2020

2019

2018

2017

Cash

Accounts recble., net

Merchandise inventory

Plant assets, net

Total assets

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