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Financial information for Gallup Inc. is presented below.
December 31, 2014
December 31, 2013
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
$
%
Plant Assets (net)
394,870
329,630
Total assets
$522,860
$430,390
Liabilities
Current Liabilities
$86,320
$73,960
Long-term Liabilities
129,880
87,830
Total liabilities
216,200
161,790
Stockholders' Equity
Common Stock, $1 par
164,900
117,800
Retained Earnings
141,760
150,800
Total stockholders' equity
306,660
268,600
Total liabilities and stockholders' equity
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