2019 2020 Assets Cash & Short Investments Accounts Receivable Inventories Other Current Assets TOTAL CURRENT ASSETS Net Property, Plant & Equipment Total Investments and Advances Long-Term Note Receivable Intangible Assets Other Assets TOTAL LONG-TERM ASSETS TOTAL ASSETS 77,021,000 68,109,000 77,120,000 26,107,000 248,357,000 137,332,000 646,648,000 30,824,000 25,290,000 52,593,000 892,687,000 1,141,044,000 78,903,000 76,220,000 72,056,000 27,332,000 254,511,000 143,689,000 684,877,000 51,816,000 24,589,000 60,370,000 965,341,000 1,219,852,000 Liabilities ST Debt &Current Portion LT Debt Accounts Payable Income Tax Payable Other Current Liabilities TOTAL CURRENT LIABILITIES 49,322,000 85,997,000 3,274,000 58,126,000 196,719,000 86,259,000 82,599,000 2,649,000 68,449,000 239,957,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Explain and analyze the horizontal analysis made. 

2019
2020
Assets
78,903,000
76,220,000
72,056,000
Cash & Short Investments
77,021,000
68,109,000
77,120,000
26,107,000
248,357,000
137,332,000
646,648,000
30,824,000
25,290,000
52,593,000
892,687,000
1,141,044,000
Accounts Receivable
Inventories
Other Current Assets
TOTAL CURRENT ASSETS
Net Property, Plant & Equipment
Total Investments and Advances
Long-Term Note Receivable
Intangible Assets
27,332,000
254,511,000
143,689,000
684,877,000
51,816,000
24,589,000
60,370,000
965,341,000
1,219,852,000
Other Assets
TOTAL LONG-TERM ASSETS
TOTAL ASSETS
Liabilities
ST Debt &Current Portion LT Debt
Accounts Payable
49,322,000
85,997,000
3,274,000
86,259,000
82,599,000
2,649,000
68,449,000
Income Tax Payable
Other Current Liabilities
58,126,000
196,719,000
TOTAL CURRENT LIABILITIES
239,957,000
Transcribed Image Text:2019 2020 Assets 78,903,000 76,220,000 72,056,000 Cash & Short Investments 77,021,000 68,109,000 77,120,000 26,107,000 248,357,000 137,332,000 646,648,000 30,824,000 25,290,000 52,593,000 892,687,000 1,141,044,000 Accounts Receivable Inventories Other Current Assets TOTAL CURRENT ASSETS Net Property, Plant & Equipment Total Investments and Advances Long-Term Note Receivable Intangible Assets 27,332,000 254,511,000 143,689,000 684,877,000 51,816,000 24,589,000 60,370,000 965,341,000 1,219,852,000 Other Assets TOTAL LONG-TERM ASSETS TOTAL ASSETS Liabilities ST Debt &Current Portion LT Debt Accounts Payable 49,322,000 85,997,000 3,274,000 86,259,000 82,599,000 2,649,000 68,449,000 Income Tax Payable Other Current Liabilities 58,126,000 196,719,000 TOTAL CURRENT LIABILITIES 239,957,000
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