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    Horizontal analysis

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    December 31, 2009 December 31, 2008
    Current assets $125,000 $100,000
    Plant assets (net) 396,000 330,000
    Current liabilities 91,000 70,000
    Long-term liabilities 133,000 95,000
    Common stock, $1 par 161,000 115,000
    Retained earnings 136,000 150,000

    Instructions

    Prepare a schedule showing a horizontal analysis for 2009 using 2008 as the base year.

    © BrainMass Inc. brainmass.com October 2, 2020, 12:16 am ad1c9bdddf
    https://brainmass.com/business/current-assets/prepare-a-horizontal-analysis-for-2009-using-2008-as-base-year-319517

    Solution Summary

    The solution explains how to prepare a horizontal analysis for 2009 using 2008 as a base year.

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