Question: Data for Atlantis Inc. is given below: Atlantis Inc. Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 Assets Current Assets: Cash $12,000 $10,200

Data for Atlantis Inc. is given below: Atlantis Inc. Comparative December 31, 2015 and 2014 2015 2014 Assets Current Assets: Cash $12,000 $10,200 Accounts Receivable, Net 16,100 16,800 Merchandise Inventory 45,000 31,000 Prepaid Expenses 6,500 3,900 Total Current Assets $79,600 $61,900 Property, Plant, and Equipment, Net 265,000 233,000 Total Assets $344,600 $294,900 Liabilities Total Current Liabilities $9,900 $11,200 Long-term Liabilities 60,000 50,000 Total Liabilities 69,900 61,200 Stockholders' Equity Preferred Stock, 3% 75,000 75,000 Common Stockholders' Equity, no par $199,700 $158,700 Total Liabilities and Stockholders' Equity $344,600 $294,900 Prepare a horizontal analysis of the comparative of Atlantis Inc. Round percentage changes to one decimal place.

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