Question: E13.3 (LO 2 ), AP Here is financial information for Glitter Inc. Prepare horizontal analysis . December 31, 2022 December 31, 2021 Current assets $106,000

E13.3 (LO 2), AP Here is financial information for Glitter Inc.

Prepare horizontal analysis.

December 31, 2022 December 31, 2021
Current assets $106,000 $90,000
Plant assets (net) 400,000 350,000
Current liabilities 99,000 65,000
Long-term liabilities 122,000 90,000
Common stock, $1 par 130,000 115,000
Retained earnings 155,000 170,000

Instructions

Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year.

Type your answer please no excel spreadsheet

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