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Compute the amount and percentage changes

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Problem - Summary financial information for Paragon Company is as follows.

Dec. 31, 2014

Dec. 31, 2013

Current assets

$200,000

$220,000

Plant assets

1,040,000

780,000

Total assets

$1,240,000

$1,000,000

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

Reference no: EM132451117

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