Prepare a schedule showing a horizontal analysis for 2014

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Reference no: EM13572105

Financial information for Gallup Inc. is presented below.



December 31, 2014


December 31, 2013

Current assets
$127,990
$100,760
Plant assets (net)
394,870
329,630
Current liabilities
86,320
73,960
Long-term liabilities
129,880
87,830
Common stock, $1 par
164,900
117,800
Retained earnings
141,760
150,800

Prepare a schedule showing a horizontal analysis for 2014 using 2013 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, e.g. 12.3%.)

GALLUP INC.
Condensed Balance Sheets
December 31








Increase or (Decrease)



2014


2013



Amount


Percentage


Assets











Current Assets


$127,990


$100,760



$pixel.gif


pixel.gif %


Plant Assets (net)


394,870


329,630



pixel.gif


pixel.gif %


   Total assets


$522,860


$430,390



$pixel.gif


pixel.gif %


Liabilities











Current Liabilities


$86,320


$73,960



$pixel.gif


pixel.gif %


Long-term Liabilities


129,880


87,830



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pixel.gif %


   Total liabilities


216,200


161,790



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pixel.gif %


Stockholders' Equity











Common Stock, $1 par


164,900


117,800



pixel.gif


pixel.gif %


Retained Earnings


141,760


150,800



pixel.gif


pixel.gif %


   Total stockholders' equity


306,660


268,600



pixel.gif


pixel.gif %


   Total liabilities and stockholders' equity


$522,860


$430,390



$pixel.gif

Reference no: EM13572105

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