Analysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answ place. (i.e., .234 should be entered as 23.4).) ALLENDALE COMPANY Horizontal Analysis of Balance Sheets Year 3 Percentage Chang es Assets Current assets. Cash 0.0% Marketable securities 2.3 Accounts receivable (net) 0.5 Inventories Prepaid items Total current assets. Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Investments Plant (net) Land S $ Year 4 40,000 $ 20,000 54,000 135,000 25,000 274,000 27,000 270,000 29,000 326,000 600,000 $ 36,000 6,000 46,000 143,000 10,000 241,000 20,000 255.000 24,000 299,000 540,000 ces Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating: 8,000 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity Analysis Bat Sheet Noncurrent liabilities Bonds payable Other $ $ $ 540,000 6,000 100,000 15,000 121,000 100,000 27,000 127,000 248,000 80,000 80,000 132,000 292,000 540,000 600,000 $ 17,000 $ 113,800 21,000 151,800 100,000 32,000 132,000 283,800 80,000 80,000 156,200 316,200 600,000 $ Analysis Inc Stmt > % 16.68 points eBook References Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Roum answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) ALLENDALE COMPANY Horizontal Analysis of Income Statements Year 4 Year 3 Percentage Change Revenues % $ 230,000 $ 210,000 8,000 238,000 5,000 215,000 120,000 103,000 55,000 50,000 8,000 7,200 23,000 22,000 206,000 182,200 32,800 Analysis Inc Strmt Sales (net) Other revenues Total revenues Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense. Total expenses Expenses Net income (loss) $