The comparative condensed balance sheets of Roadway Corporation are as follows.

Instructions

a. Prepare a horizontal analysis of the balance sheet data for Roadway Corporation using 2024 as a base.

b. Prepare a vertical analysis of the balance sheet data for Roadway Corporation in columnar form for 2025.

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Roadway Corporation Condensed Balance Sheets December 31 Assets Current assets Property, plant, and equipment (net) Intangible assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2025 $ 76,000 99,000 25,000 $200,000 $ 40,800 143,000 16,200 $200,000 2024 $ 80,000 90,000 40,000 $210,000 $ 48,000 150,000 12,000 $210,000