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QUESTION 6 Use this balance sheet to do horizontal analysis of the Howard Company. 2019 2018 amount percent Assets Current As
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Answer #1

6.

change in plant assets in % = new value - old value / old value * 100

= 44000 - 50000 / 50000 * 100 = - 12%

therefore correct option is D decrease of 12%

7. dividend yield = annual dividend / current stock price

dividend yield = $1 / $20 = 0.05 or 5%

correct option is (B) 5%

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