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Particulars | Current assets Property, plant and equipment Total Assets Current liabilities Non-current liabilities Total Liahow they got 9% for change% for the total Equity and liability

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Answer #1
Horizontal Analysis
(A) (B) (C )=(A)-(B) (C )/(B)
June 30,2017(Current Year) June 30,2016(Base Year) Increase/Decrease Change in percentage Change in percentage(Rounded)
Assets
Current Assets $                                96,000.00 $                         88,000.00 $                   8,000.00 9.09% 9%
Property,Plant & Equipment $                            6,80,000.00 $                     6,30,000.00 $                 50,000.00 7.94% 8%
Total Assets $                            7,76,000.00 $                     7,18,000.00 $                 58,000.00 8.08% 8%
Current Liabilities $                                45,000.00 $                         50,000.00 $                 -5,000.00 -10.00% -10%
Non Current Liabilities $                                72,000.00 $                         78,000.00 $                 -6,000.00 -7.69% -8%
Total Liabilities $                            1,17,000.00 $                     1,28,000.00 $               -11,000.00 -8.59% -9%
Share capital $1 per share $                            4,50,000.00 $                     3,65,000.00 $                 85,000.00 23.29% 23%
Retained Earnings $                            2,09,000.00 $                     2,25,000.00 $               -16,000.00 -7.11% -7%
Total Equity $                            6,59,000.00 $                     5,90,000.00 $                 69,000.00 11.69% 12%
Total Liabilities & Stockholder's Equity $                            7,76,000.00 $                     7,18,000.00 $                 58,000.00 8.08% 8%
Formula: (Current Year-Base Year)/Base Year
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