Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015.
|
|
2013 |
|
2014 |
|
2015 |
| Current assets |
|
$249,300 |
|
|
$284,202 |
|
|
$304,146 |
|
| Current liabilities |
|
$158,130 |
|
|
$166,200 |
|
|
$183,690 |
|
| Total assets |
|
$471,280 |
|
|
$603,770 |
|
|
$578,650 |
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(b) Perform each of the three types of analysis on Schellhammer's current assets.
(Round percentages to 0 decimal places, e.g. 43% and ratios to 2 decimal places, e.g.1.58.)
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2013 |
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2014 |
|
2015 |
| Horizontal Analysis |
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| Current assets |
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% |
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% |
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% |
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| Vertical Analysis |
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| Current assets |
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% |
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% |
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% |
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| Ratio Analysis |
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| Current ratio |
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