Prepare a schedule showing a horizontal analysis

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Question - Here is financial information for Glitter Inc.

December 31, 2020 December 31, 2019

Current assets $124,600 $100,000

Plant assets (net) 394,272 333,000

Current liabilities 89,568 72,000

Long-term liabilities 127,977 87,000

Common stock, $1 par 166,656 112,000

Retained earnings 134,6711 62,000

Required - Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year.

Reference no: EM133000779

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