Based on the information in the image, calculate the percentage+ dollar increase for each row and list the 3 largest assets, including the dollar ($) amount and percentage (%) increase. 1- Key Statistics: (OMIT ALL ZEROS 000: if none, leave blankIncome Statement(2020)Current Year(201G)Prior YearIncrease(Decrease)406,785297,897Sales/RevenueCost of Goods Sold276,310200, 6129구,285(12,443)Gross Income130,475(52,752)Net IncomeBalance SheetEnd ofEnd ofIncrease (Decrease)Current YearPrior YearCash & Short-term investmentsISq,12구275,988Total Accounts Reccivable35,97540, 090entories121, 귀구81,596Total Current Assets332,226Net Property, Plant & Equipment i29,869403, 594니구/4구 니Intangible AssetsTotal Assets4 SI, 92326,923468,006Accounts Payable53,07188,96747,697Total Current Liabilities100,90a67,833Total LiabilitiesTotal Shareholders' Equity367,097384,090Asset Composition:End of Current YearLargest Assets: (from above)% of Total Assets1.2.3.

The consistent financial statement helps the management to compare their financial performance with…

1- Key Statistics: (OMIT ALL ZEROS 000); if none, leave blank Income Statement (2020) Current Year 406,785 (201G) Prior Year Increase(Decreas. 297,897 200, 612 Sales/Revenue 2구6,310 Cost of Goods Sold Gross Income 130,475 (52,752) 97,285 (12,443) Net Income Balance Sheet End of Increass (Decrая End of Current Year Prior Year Cash & Short-term investments |s9,127 275,988 Total Accounts Reccivable 35,975 40, 090 arcatories 12, 귀구 81,596 Total Current Assets 332,226 Net Property, Plant & Equipment (29,869 403, 594 47/4구 니 Intangible Assets Total Assets 4 SI,923 26,923 ५०४,००० Accounts Payable 53,071 88,967 4구,697 Total Current Linbilities Total Liabilities 100,909 67,833 Total Shareholders' Equity 367,097 384,090 Asset Composition: End of Current Year Largest Assets: (from above) % of Total Assets 1. 2.

1- Key Statistics: (OMIT ALL ZEROS 000); if none, leave blank Income Statement (2020) Current Year 406,785 (201G) Prior Year Increase(Decreas. 297,897 200, 612 Sales/Revenue 2구6,310 Cost of Goods Sold Gross Income 130,475 (52,752) 97,285 (12,443) Net Income Balance Sheet End of Increass (Decrая End of Current Year Prior Year Cash & Short-term investments |s9,127 275,988 Total Accounts Reccivable 35,975 40, 090 arcatories 12, 귀구 81,596 Total Current Assets 332,226 Net Property, Plant & Equipment (29,869 403, 594 47/4구 니 Intangible Assets Total Assets 4 SI,923 26,923 ५०४,००० Accounts Payable 53,071 88,967 4구,697 Total Current Linbilities Total Liabilities 100,909 67,833 Total Shareholders' Equity 367,097 384,090 Asset Composition: End of Current Year Largest Assets: (from above) % of Total Assets 1. 2.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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