Perform a Vertical Analysis on each year and Horizontal Analysis.

TABLE 4-5 Balance Sheet, Sample Company Vertical Analysis 2012 Vertical Analysis 2013 Category 2012 2013 $ 7,000,000 8,000,000 15,000,000 $ 3,000,000 4,000,000 $ 9,000,000 6,000,000 15,000,000 $ 1,000,000 4,000,000 10,000,000 Current assets Total fixed assets Total assets Current liabilities Long term debt Owner's equity Total liabilities &owner's equity 8,000,000 $15,000,000 15,000,000 Horizontal Analysis 2012 2013 Current assets Total fixed assets Total assets S 7,000,000 9,000,000 6,000,000 15,000,000 8,000,000 15,000,000 $ 3,000,000 Current liabilities Long-tern debt Owner's equity Total liabilities & owner's equity 1,000,000 4,000,000 4,000,000 8,000,000 $15,000,000 10,000,000 $15,000,000