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1. For a horizontal analysis, what is the percent change in revenues for year 3? Convert your final answer to a percentage, and round one

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1. For a horizontal analysis, what is the percent change in revenues for year 3? Convert your final answer to a percentage, and round one decimal place.

2. What is the company's current ratio for year 2? Round your final answer to two decimal places.

The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement 10,972 11,598 8,767 10,470 7,901 8,942 Revenue Cost of Goods Sold Selling, General & Admin. Expenses Interest expense Net Income 2,470 2,611 2,479 76 80 (516) 140 - 62 1,354 1,880 1,316 522 125 Balance Sheet Assets Cash Prepaid expenses Accounts receivable Inventory Property & equipment (net) Total Assets 202 375 250 231 455 745 698 20,464 18,810 17,727 23,140 21,596 20,418 678 Liabilities Accounts payable Unredeemed gift cards Notes Payable 2,824 410 743 850 18,048 636 15,457 17,024 545 815 Stockholders' Equity Common Stock Retained Earnings Total Liabilities & Equity 985 3.464 23,140 1,265 1,410 21,596 20,418

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