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Schellhammer Corporation reported the following a
Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015.
2013
2014
2015
Current assets $234,400 $269,560 $288,312
Current liabilities $160,110 $166,930 $182,810
Total assets $467,710 $594,820 $641,080
(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
%
%
%
Vertical Analysis
Current assets
%
%
%
Ratio Analysis
Current ratio
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