Question: Financial information for Gallup Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for 2014 using 2013 as the baseyear. Current assets
Financial information for Gallup Inc. is presented below.
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Instructions
Prepare a schedule showing a horizontal analysis for 2014 using 2013 as the baseyear.
Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2014 $128,000 396,000 91,000 138,700 159,000 135,300 December 3, 2013 $100,000 330,000 70,000 95,000 115,000 150,000
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