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Prepare a schedule showing a horizontal analysis

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Reference no: EM13526505

Here is financial information for Pauletti Inc.

December 31, 2012

December 31, 2011

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

Retained earnings

155,000

170,000

Instructions

Prepare a schedule showing a horizontal analysis for 2012, using 2011 as the base year.

Reference no: EM13526505

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