Compute the amount and percentage changes in 2013

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Summary financial information for Newburg Company is as follows.


Dec. 31, 2013

Dec. 31, 2012

Current assets

$ 200,000

$ 220,000

Plant assets

1,040,000

780,000

Total assets

$1,240,000

$1,000,000

Compute the amount and percentage changes in 2013 using horizontal analysis, assuming 2012 is the base year.

Reference no: EM13526480

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