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Find amount and percentage changes using horizontal analysis

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Reference no: EM13887617

Summary financial information for Rapture Company is as follows.

December 31, 2014

December 31, 2013

 Current assets

$   199,000

$225,000

Plant assets

821,000

750,000

Total assets

$1,020,000

$975,000

Compute the amount and percentage changes in 2014 using horizontal analysis, assuming 2013 is the base year.

Reference no: EM13887617

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