Able Corporation
Condensed Balance Sheets 31-Dec
Balance 2017
Account Assets: Current Assets Property,Plant &Equipment Intangibles Total Assets
2016
72,000 95,400 33,600 201,000
80,000 90,000 40,000 210,000
Liabilities & Stockholder's Equity Current Liabilities Long-term Liabilities Stockholders' Equity Total Liabilities &Stockholder's Equity
40,320 142,500 18,180 201,000
48,000 150,000 12,000 210,000
I. Prepare a trend analvsis of the balance sheet data for Able Corp.using 2016 as a base-in Exce
II.Prepare a common size analysis of the balance sheer for Able Corp in columnar format for 2016 - in E