Question: Using the following selected items from the comparative balance sheet of Wildhorse Products. Determine the horizontal analysis. (Round percentages to 2 decimal places, eg. 1221%

Using the following selected items from the comparative balance sheet of Wildhorse Products. Determine the horizontal analysis. (Round percentages to 2 decimal places, eg. 1221% Enter negative amounts using either a negative sign preceding the number es 45 or parentheses es: (451) WILDHORSEPRODUCTS Comparative Balance Sheet December 31 2014 Percentage Amount 2013 Horizontal analysis Amount Percentage Current assets $144,936 % $162.626 96 Long-term assets 223.992 155,062 % Total assets 4,392.000 % 3182.000 % Determine the vertical analysis. (Round percentages to 1 decimal place, es. 12.2%) WILDHORSEPRODUCTS Comparative Balance Sheet December 31 2014 2013 Vertical analysis Amount Percentage Amount Percentage Current assets $144,936 96 $ 162.626 9 Long-term assets 223.992 % 155,062 96 Total assets 4392.000 % 3,782,000
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