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Prepare a schedule showing a horizontal analysis

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Reference no: EM131561704

Question -

Here is financial information for Spangles Inc.

 

December 31, 2014

December 31, 2013

Current assets

$109,594

$92,897

Plant assets (net)

402,897

353,594

Current liabilities

101,897

68,594

Long-term liabilities

125,594

92,897

Common stock, $1 par

133,594

118,594

Retained earnings

151,406

166,406

Prepare a schedule showing a horizontal analysis for 2014, using 2013 as the base year.

Reference no: EM131561704

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