Question: Financial information for Sinead Inc. is presented below. InstructionsPrepare a schedule showing a horizontal analysis for 2013 using 2012 as the baseyear. December 31, 2013

Financial information for Sinead Inc. is presented below.

InstructionsPrepare a schedule showing a horizontal analysis for 2013 using 2012 as the baseyear.

December 31, 2013 $125,000 396.000 December 31, 2012 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $100,000 70,000 133,000 95,000 115,000 150,000 161.000 136.000

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