Financial information for Blevins Inc. is presented below.
December 31, 2012 December 31, 2011
Current assets $125,000 $100,000
Plant assets (net) 396,000 330,000
Current liabilities 91,000 70,000
Long-term liabilities 133,000 95,000
Common stock, $1 par 161,000 115,000
Retained earnings 136,000 150,000
Instructions
Prepare a schedule showing a horizontal analysis for 2012 using 2011 as the base year.
Answer will be sent by email. It may take few hours to send the asnwer. You may email us if you have any query.
