Question: Financial information for Blevins Inc. is presented below. InstructionsPrepare a schedule showing a horizontal analysis for 2011 using 2010 as the baseyear. December 31, 201i

Financial information for Blevins Inc. is presented below.

InstructionsPrepare a schedule showing a horizontal analysis for 2011 using 2010 as the baseyear.

December 31, 201i December 31, 2010 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $100,000 $125,000 396,000 70,000 95,000 115,000 133,000 161,000 136,000 150,000

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