From the comparative balance sheet of Dean Corporation in Figure 22.8:

(a) Prepare a horizontal analysis of each item for the amount of increase or decrease as well as the percent increase or decrease (to the nearest tenth of a percent);
(b) Vertically analyze the 2013 column of the balance sheet (to the nearest tenth of apercent).

Transcribed Image Text:

DEAN CORPORATION COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2013, AND DECEMBER 31, 2012 December 31 2013 Assets 2012 Current Assets: 0000 2 Cash Accounts Receivable, Net Merchandise Inventory Prepaid Expenses 30101010100 || 25101010|00 이()|(0) |S60| 0|0| 이()() Total Current Assets 96101010100 Plant and Equipment 104101010100 (이어010100 Total Assets Liabilities Current Liabilities: Notes Payable Accounts Payable Long-Term Liabilities: Mortgage Payable 어0101010011 101 (1010100 Total Current Liabilities Total Liabilities 1 10101010100 100 (100 Stockholders' Equity Common Stock, $1 par Retained Earnings 30101010100 20( 010100 60101010|00 | 40| 어이이00 Total Stockholders Equity Total Liabilities and Stockholders Equit 000 IS 0000000 $I6000000