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Help me answer the red-marked question about BalanceSheet. Thank you 4 Input FYE date...

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Accounting

Help me answer the red-marked question about BalanceSheet. Thank youimage

4 Input FYE date 5/31/2018 5/31/2017 Line Item Totals: 7 (Names may vary) 8 Current Assets 9 Property, Plant & Equipment 10 Goodwill and other intangible assets 11 Other long term assets 15,134,000 | 4,454,000| 439,000 67.15% 16,061,000| 69.05% 19.76% 3,989,000| 17.15% 1.95% 422,000 1.81% 2,509,000| 11.13% 2,787,000| 11.98% 14 Total Assets 22,536,000 100.00% 23,259,000 100.00% 15 16 Current Liabilities 6,040,000| 6,684,000| 6,384,000| 3,517,000 | 26.80% 5,474,000| 5,378,000| 5,710,000| 6,907,000| 23.53% 17 Long-term liabilities 18 Contributed capital 19 Retained Earnings 20 29.66% 23.12% 28.33% 24.55% 15.61% 29.70% 21 22 Total Liabilities &Stockholder's Equity 22,536,000 100.00% 23,259,000 100.00% Based on the calculations above, which item(s) appear to be the most significant in explaining the change in total assets, and changes in major groupings of balance sheet accounts? Discuss below 25

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