- Conard Corporation Comparative condensed Balanced Sheets
December 31: ASSETS: current assets 2012(74,000) 2011(80,000), property,
plant, and equipment (net) 2012(99,000) 2011(90,000), intangibles
2012(27,000) 2011(40,000). TOTAL = 2012(200,000) 2011(210,000). LIABILITIES
AND STOCKHOLDERS’ EQUITY:
current liabilities 2012(42,000) 2011(48,000), long-term liabilities
2012(143,000) 2011(150,000), stockholders’ equity 2012(15,000)
2011(12,000). TOTAL = 2012(200,000) 2011(210,000). (a)prepare a horizontal
analysis of the balance sheet data for Conard corporation using 2011 as a
base. (b)prepare a vertical analysis of the balance sheet data for Conard
Corp. in columnar form for 2012.
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