Question: Financial information for Kurzen Inc. is presented below. Instructions Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year. December

Financial information for Kurzen Inc. is presented below.

December 31, 2017 December 31, 2016 $100,000 330,000 Current assets $125,000 Plant assets (net) 396,000 91,000 Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 133,000 161,000 136,000 70,000 95,000 115,000 150,000

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Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year.

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