Compute the amount and percentage changes for rivera company

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Reference no: EM13913983

Accounting Connetion- Compute the amount and percentage changes for Rivera Company's comparative balance sheets, and comment on the changes from 2013 to 2014. (Round the percentage changes to one decimal place.)

Rivera Company Comparative Balance Sheets December 31, 2014 and 2013
Assets 2014 2013

Current assets

$  37,200

$  25,600

Property, plant, and equipment (net)

218,928

194,400

Total assets

$256,128

$220,000

Liabilities and Stockholders' equity    

Current liabilities

$ 22,400

 $ 6,400

Long-term liabilities

70,000

80,000

Stockholders' equity

163,728

133,600

Total liabilities and stockholders' equity

$256,128

$220,000

Reference no: EM13913983

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