Chapter 13, Problem 13.1E

3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. (Round your percentage answers to 2 decimal places.)     KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017   2019   2018   2017   Assets   Current assets   %   % 100.00 % Long-term investments         100.00   Plant assets, net         100.00   Total assets   %   % 100.00 % Liabilities and Equity   Current liabilities   %   % 100.00 % Common stock         100.00   Other paid-in capital         100.00   Retained earnings         100.00   Total liabilities and equity   %   % 100.00 % see pictures

Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2024 is the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45% or parentheses e.g. (45), (45%). Round percentages to 2 decimal places, e.g. 1.25%.) Current Assets Dec. 31, 2022 Dec. 31, 2024 $191,100 $210,000 $ Plant Assets 1,058,600 790,000 Total assets $1,249,700 $1,000,000 $ Increase (Decrease) in 2022 Amount Percent % % %

Using the information below calculate the ROC of the company Years       Revenue ($M)          Net Income ($M) 2012           221.8                           2.9 2013            473.8                         20.2 2014            627.7                         36.4 2015            947.8                         45.0 2016           1,015.5                      50.3 2017           1,046.2                      64.9 2018           1,293.2                      90.4   Years      Total Assets ($M) Fixed Assets ($M) Current Assets ($M) Total Equity ($M)                       Retained Earnings ($M) 2012 430 286 144 293 12.8 2013 956 501 455 558 33.0 2014 922 668 324 620 69.4 2015 1103 796 307 665 114.4 2016 1120 835 285 729 164.7 2017 1294 738 556 805 229.6 2018 2053 703 1350 934 320