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Compute the amount and the percentage changes in 2008 using

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Reference no: EM13575797

Summary financial information for Rose patch Company is as follows:

 

December 31, 2008

 

December 31, 2007

 

Current assets

$234,000

$180,000

Plant assets (net)

756,000

420,000

Total assets

$990,000

$600,000

Compute the amount and the percentage changes in 2008 using horizontal analysis, assuming 2007 is the base year.

Reference no: EM13575797

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