Question: Here is financial information for Galenti Inc. Instructions Prepare a schedule showing a horizontal analysis for 2010 using 2009 as the baseyear. December 31, 2010

Here is financial information for Galenti Inc.

Instructions
Prepare a schedule showing a horizontal analysis for 2010 using 2009 as the baseyear.

December 31, 2010 December 31, 2009 Current assets Plant assets (net) Current liabilitics Long-term liabilities Common stock, $1 par Retained earnings $106,000 400,000 91,000 122,000 138,000 155,000 80,000 360,000 65,000 90,000 115,000 170,000

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