Figure 16-3. the Current Asset Section of the Balance Sheets of the of the Shamrock

question 144

Essay

Figure 16-3.
The current asset section of the balance sheets of the Shamrock Company as of June 30,2012 and 2011 is presented below.
Refer to Figure 16-3.In the spaces provided below,complete a horizontal analysis of the current asset section of Shamrock Company's balance sheet for 2011.Your answers for "% Change" should be rounded to one decimal place,e.g.,10.3%.Provide a short evaluation of this analysis.

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