
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A3

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
2024
$1,539,000
3,110,000
101,000
$4,749,000
2023
$1,187,000
2,790,000
111,000
$4,088,000
2022
$1,220,000
2,868,000
$4,088,000

Transcribed Image Text:Using horizontal analysis, calculate the percentage of the base-year amount, using 2022 as the base year. (Round answers to O
decimal places, eg. 52%)
Current assets
Property, plant,
and equipment
Total assets
2024
1
%
2023
%
2022
%
%
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