ACCOUNTING 100 HELP

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Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015.

  
2013
 
2014
 
2015
Current assets $230,800  $256,188  $270,036 
Current liabilities $160,600  $166,680  $185,590 
Total assets $462,140  $563,340  $588,120 

(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.)

  
2013
 
2014
 
2015
Horizontal Analysis         
Current assets 
[removed]
 % 
[removed]
 % 
[removed]
 %
          
Vertical Analysis         
Current assets 
[removed]
 % 
[removed]
 % 
[removed]
 %
          
Ratio Analysis         
Current ratio 
[removed]
  
[removed]
  
[removed]
 
 

 

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