1 HORIZONTAL ANALYSIS INSTRUCTIONS: Prepare a horizontal analysis of the income statement using 2018 as a base. Neiman Corp. Comparative Balance Sheet For the years ended December 31 2019 2018 Assets Current Assets 360 300 Plant Assets 640 500 Total Assets 1,000 800 Liabilities & Stockholders' Equity Current liabilities 150 120 Long-term debt 240 160 Common stock 350 320 Retained earnings 260 200 Total liabilities & stockholders' equity 1,000 800

2

VERTICAL ANALYSIS
INSTRUCTIONS: Prepare a vertical analysis of the income statement.
	Neiman Corp.
	Comparative Balance Sheet
	For the years ended December 31
	2019		2018
Assets
Current Assets	360		300
Plant Assets	640		500
Total Assets	1,000		800
Liabilities & Stockholders' Equity
Current liabilities	150		120
Long-term debt	240		160
Common stock	350		320
Retained earnings	260		200
Total liabilities & stockholders' equity	1,000		800