Presented below is the comparative balance sheet for Waterway Company.
src="/qa/attachment/10980314/" alt="Screen Shot 2019-12-11 at 1.35.04 PM.png" />
(a) What is the comparative balance sheet of Waterway Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25%.)
(b) What is the comparative balance sheet of Waterway Company showing the dollar change and the percent change for each item? (If there is a decrease from 2020 to 2021, then enter the amounts and percentages with either a negative sign, i.e. -92,000, -25.25 or parenthesis, i.e. (92,000), (25.25).)
refer to the attachment. Note that in preparing a common size/comparative balance sheet in %, the denominator... View the full answer