QUESTION

ACC 291 Week 5 Answers E14-1 Financial information for Blevins Inc. is presented below

Category: Business
Subject: Accounting
Due Date: 01/18/2016
Question Asked: 2016-01-18 22:56:11

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E14-1

Financial information for Blevins Inc. is presented below.

December 31, 2012 December 31, 2011

Current assets $125,000 $100,000

Plant assets (net) 396,000 330,000

Current liabilities 91,000 70,000

Long-term liabilities 133,000 95,000

Common stock, $1 par 161,000 115,000

Retained earnings 136,000 150,000

Instructions

Prepare a schedule showing a horizontal analysis for 2012 using 2011 as the base

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Posted on 2016-01-18 22:56:11

User: ZAZU2014
Rating: C+ (1)
earnings: $11.00
Questions: 60
Tutorials: 30
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The full tutorial is about 746 words long.