Assets Current assets Property, plant and equipment (net) Other fixed assets Total assets Liabilities and owner's equity Current liabilities Long-term liabilities Owner's equity Total liabilities and owner's equity Instruction: 2019 $ 2020 $ Absolute Change $ 76,000 80,000 _(1)_ 99,000 90,000 (3)__ 25,000 40,000 (5) 200,000 210,000___(7)_ 40,800 48,000 (9)_ 143,000 150,000 _(11)_ 16,200 12,000 (13) 200,000 210,000___(15) Relative Change % (2). _(4)_ (6) _(8)_ (10) (12) _(14)_ (16) Prepare a horizontal analysis of the balance sheet data for Roadway Corporation using 2019 as a base.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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G.228.

 

Assets
Current assets
Property, plant and equipment (net)
Other fixed assets
Total assets
Liabilities and owner's equity
Current liabilities
Long-term liabilities
Owner's equity
Total liabilities and owner's equity
Instruction:
2019 2020
$
$
Absolute
Change
$
76,000 80,000 _(1)_
99,000 90,000 (3)
25,000 40,000 (5)
200,000 210,000 _(7)_
40,800 48,000 _(9)_
143,000 150,000 _(11)_
16,200 12,000 _(13)_
200,000 210,000 (15)_
Relative Change
%
(2).
(4)
_(6)_
(8)
(10)
(12)_
(14)_
(16)___
Prepare a horizontal analysis of the balance sheet data for Roadway Corporation using
2019 as a base.
Transcribed Image Text:Assets Current assets Property, plant and equipment (net) Other fixed assets Total assets Liabilities and owner's equity Current liabilities Long-term liabilities Owner's equity Total liabilities and owner's equity Instruction: 2019 2020 $ $ Absolute Change $ 76,000 80,000 _(1)_ 99,000 90,000 (3) 25,000 40,000 (5) 200,000 210,000 _(7)_ 40,800 48,000 _(9)_ 143,000 150,000 _(11)_ 16,200 12,000 _(13)_ 200,000 210,000 (15)_ Relative Change % (2). (4) _(6)_ (8) (10) (12)_ (14)_ (16)___ Prepare a horizontal analysis of the balance sheet data for Roadway Corporation using 2019 as a base.
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