HORIZONTAL ANALYSIS

30C Chapter 12 Homework Part 2 of 2 Mc Graw Hill 8 2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be deducted and decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) 03:39-47 eBook Ask Print Assets Current assets Cash Accounts receivable Inventory Prepaid rent Long-term assets Investment in bonds Land Equipment Less Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable Long-term liabilities Notes payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity SPORTS UNLIMITED Balance Sheets For the Years Ended December 31 Year $ $ $ $ 2024 217,800 101.700 94,500 23,400 $ 126.000 183,600 231,300 (78,300) 900,000 $ 67,500 $ 23,400 22,500 304,200 2023 147,420 52,260 152,880 11,700 15.700 250,380 207,480 (42,120) 795,700 102,180 11,700 14,820 267,540 280,800 280,800 201,600 118,660 900,000 $ 795,700 O Increase (Decrease) Amount Search

2. Prepare a horizontal anahni of Sports Unlimdeds 2024 balance sheet using 2023 as the base year (Volues to be deducted and decrentes should be indicated by a minus sign. Alound your percentege enswers to 1 decimal ploce.)