Question: Question 2 View Policies Current Attempt in Progress Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $124,600 Plant

Question 2 View Policies Current Attempt in Progress Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $124,600 Plant assets (net) 394,454 Current liabilities 87,827 $100,000 334,000 71,000 85,000 113,000 Long-term liabilities 135.235 Common stock, $1 par 166,562 Retained earnings 129,430 165.000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the numberes. -45,-45% or parentheses (45).(45%). Round percentages to I decimal place, es. 12.3%) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets Current assets $124,600 $100,000 $ Plant assets (net) 394,454 334,000 Total assets $519,054 $434,000 Liabilities Current liabilities $87,827 $71,000 $ Long-term liabilities 135,235 85,000 Total liabilities 223,062 156,000 Stockholders' Equity Common stock, $1 par 166,562 113,000 Retained earnings 129,430 165,000 295,992 278,000 Total stockholders' equity Total liabilities and stockholders' equity $519,054 $434,000 Attempts: 0 of 1 used Subm
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