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Prepare a schedule showing a horizontal analysis

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Question - Here is financial information for Glitter, Inc.

December 31, 2022

December 31, 2021

Current assets

$106,000

$90,000

Plant assets (net)

400,000

350,000

Current liabilities

99,000

65,000

Long-term liabilities

122,000

90,000

Common stock, $1 par

130,000

115,000

Reained earnings

155,000

170,000

Required - Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year.

Reference no: EM133113764

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