Question: Current Attempt in Progress Here is financial information for Glitter Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, Si par Retained
Current Attempt in Progress Here is financial information for Glitter Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, Si par Retained earnings December 31, 2020 $124.400 394,272 85.994 132,675 166,750 133,253 December 31, 2019 $100.000 333.000 73,000 87,000 115,000 158,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sin preceding the number 3.-45, -45% or parentheses (45).(45%). Round percentages to 1 decimal place, s. 12.3%) GLITTER INC Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets $124.400 Current assets $100.000 $ % Plant assets (net) 394,272 333,000 5 $518,672 $433,000 $ 36 Total assets Liabilities Current liabilities SBS.994 $73.000 $ 36 Long-term liabilities 132.675 87.000 %6 218.669 160.000 36 Total liabilities Stockholders' Equity Common stock, $1 par 166.750 115.000 36 133,253 158,000 36 Retained earnings Total stockholders equity Total liabilities and stockholders' equity 300.003 273.000 95 5518,672 $433.000 $ 36
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