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    Financial Statement Analysis: Horizontal Analysis.

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    Financial information is presented below:

    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

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

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    https://brainmass.com/business/finance/financial-statement-analysis-horizontal-analysis-251388

    Solution Summary

    The objective, of the question, is to assess the state, of a company's financial statement, by preparing a horizontal analysis.

    $2.19

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