Trend Analysis
Student Version
| Comparative Financial Sheet | |||||||
| January 1, 2014 - December 31, 2017 | |||||||
| 2014 | 2015 | Increase or | (Decrease) | 2016 | Increase or | (Decrease) | |
| Amount | Percent | Amount | Percent | ||||
| Assets | |||||||
| Current assets | |||||||
| Accounts receivable | 5,593,000.00 | 6,598,720.00 | 7,123,500.00 | ||||
| Prepaid insurance | 2,130,700.00 | 3,260,000.00 | 3,000,000.00 | ||||
| Long-term investments | |||||||
| Land | 500,000.00 | 500,000.00 | 500,000.00 | ||||
| Buildings | 1,250,000.00 | 1,000,000.00 | 1,000,000.00 | ||||
| Equipment | 2,000,000.00 | 1,789,000.00 | 1,500,000.00 | ||||
| Total assets | 11,473,700.00 | 13,147,720.00 | 13,123,500.00 | ||||
| Liabilities | |||||||
| Current liabilities | 236,000.00 | 250,000.00 | 300,250.00 | ||||
| Long-term liabilities | 1,000,500.00 | 1,250,000.00 | 1,005,900.00 | ||||
| Total liabilities | 1,236,500.00 | 1,500,000.00 | 1,306,150.00 |