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Compute the amount and percentage changes in 2012

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Reference no: EM13513587

Summary financial information for Rosepatch Company is as follows.

December 31, 2012

December 31, 2011

Current assets

$234,000

$180,000

Plant assets (net)

756,000

420,000

Total assets

$990,000

$600,000

Compute the amount and percentage changes in 2012 using horizontal analysis, assuming 2011 is the base year.

 

Reference no: EM13513587

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