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Brief Exercise 13-5 Using these data from the comparative balance sheet of Sunland Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.596.) Dec 31, 2017 Dec 31, 2016 Amount Percentage Amount Percentage Accounts receivable $556,000 % $ 379,000 Inventory $ 772,000 4 $ 553,000 Total assets $3,143,000 % $2,824,000 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT INTERACTIVE TUTORIAL Brief Exercise 13-6 Net Income was $501,500 in 2015, $477,500 in 2016, and $534,000 in 2017. What is the percentage of change from (a) 2015 to 2016, and (b) from 2016 to 2017? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55, 000, -2096 or (55,000). (2096). Round percentages to decimal places, e.g. 1296.) Amount Percentage (a) 2015-2016 (b) 2016-2017 Click if you would like to show Work for this question: Open Show. Work Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2017 2016 Cash Accounts receivable Inventory Other current assets $13,800 23,200 30,400 12,800 $80,200 $257,500 $9,200 19,900 30,800 11,909 Total current assets Total current liabilities $71,809 $311,100 Compute the current ratio for each year. (Round answers to 2 decimal places, 2017 2016 Current ratio: Click if you would like to Show Work for this question: Open Show Work

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