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Business, 09.07.2019 01:30 madelineb6243

Suppose the comparative balance sheets of metlock, inc. are presented here. metlock, inc. condensed balance sheet may 31 ($ in millions) 2017 2016 assets current assets $9,770 $8,770 property, plant, and equipment (net) 1,820 1,800 other assets 1,600 1,740 total assets $13,190 $12,310 liabilities and stockholders' equity current liabilities $3,170 $3,340 long-term liabilities 1,350 1,380 stockholders’ equity 8,670 7,590 total liabilities and stockholders' equity $13,190 $12,310 (a) prepare a horizontal analysis of the balance sheet data for metlock, using 2016 as a base. (if amount and percentage are a decrease show the numbers as negative, e. g. -55,000, -20% or (55,000), (20%). round percentages to 1 decimal place, e. g. 12.1%.)

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Suppose the comparative balance sheets of metlock, inc. are presented here. metlock, inc. condensed...
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