2.

Prepare a horizontal analysis for 2016 using 2015 as the base year. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)

Exercise 12-4 Part 2 2. Prepare a horizontal analysis for 2016 using 2015 as the base year. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year Increase (Decrease) 2016 2015 Amount Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation $3,168,000 $ 819,000 1,443,000 2,223,000 16,302,000 (2,574,000)(1,287,000) $ 22,000,000$ 19,500,000 1,804,000 3,300,000 16,302,000 Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings $1,936,000 $ 2,496,000 0 8,580,000 8,424,000 $ 22,000,000 $ 19,500,000 2,156,000 8,580,000 9,328,000 lotal liabilities and stockholders' equity