Compute the amount and percentage changes

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Question

Summary financial information for Sunland Company is as follows.

                        Dec.31,2020   Dec.31, 2019

Current assets     $206,343        $227,000

Plant assets         1,153,280       848,000

Total assets         $1,159,677     $927,000

Compute the amount and percentage changes in 2020 using horizontal analysis, assuming 2019 is the base year.

(If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)

Reference no: EM132322206

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