I need to determine horizontal analysis the equation is supposed to be (analysis year base year) base year 100 where 2021 is the base year but some of these percentages seem too high Vertical Analysis Vertical Analysis Horizontal Analysis 2022 2021 Assets Current Assets 322 32 2 280 35 0 15 PPE 678 67 8 520 65 0 Total Assets 1000 100 0 800 100 0 Liabilities Shareholders Equity Current Liabilities 180 18 0 120 15 0 Long Term Debt 200 20 0 160 20 0 Common Shares 320 32 0 320 40 0 Retained Earnings 300 30 0 200 25 0 Total Liabilities Shareholders Equity 1000 100 0 800 100 0 2500

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Question: I need to determine horizontal analysis.. the equation is supposed to be (analysis year - base year)/base year * 100 where 2021 is the base

I need to determine horizontal analysis.. the equation is supposed to be (analysis year - base year)/base year * 100 where 2021 is the base year. but some of these percentages seem too high..

		Vertical Analysis		Vertical Analysis	Horizontal Analysis
	2022	%	2021	%
Assets
Current Assets	322	32.2%	280	35.0%	15%
PPE	678	67.8%	520	65.0%
Total Assets	1000	100.0%	800	100.0%

Liabilities & Shareholders Equity
Current Liabilities	180	18.0%	120	15.0%
Long- Term Debt	200	20.0%	160	20.0%
Common Shares	320	32.0%	320	40.0%
Retained Earnings	300	30.0%	200	25.0%
Total Liabilities & Shareholders Equity	1000	100.0%	800	100.0%	2500%

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