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4 Check my work Prepare a horizontal analysis of all items on the comparative balance sheet for the years 2019 and 2018. (Negative differences and

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4 Check my work Prepare a horizontal analysis of all items on the comparative balance sheet for the years 2019 and 2018. (Negative differences and percentages should be entered with a minus sign. Round your percentage answers to 1 decimal place. i.e., 0.123 should be entered as 12.3.) 1 points Difference Percent % 96 Print References CANNA, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets Cash 124.540 112250 Accounts receivable (Net) 135,750 107.000 Inventory 55705 60,800 Total current assets 315,995 280,050 Property Plant and Equipment Buildings (Net) 157.600 175, 100 Equipment (Net) 65,950 63.850 Land 56.000 56.000 Total property, plant, and equipment 279.550 294 950 Total assets 595,545 575.000 Liabilities and Stockholders' Equity Current Liabilities Accounts payable 155,000 160.000 Other current liabilities 40,000 45.000 Total current liabilities 195.000 205.000 Long term Liabilities Bonds payable 65.000 75.000 Total long-term liabilities 65,000 75,000 Total abilities 260,000 280.000 Slockholders' Equity 90 X 194 4 1 points Difference Percent % eBook Hint % Print % % CANNA, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets Cash 124,540 112,250 Accounts receivable (Net) 135,750 107.000 Inventory 55.705 60,800 Total current assets 315,995 280,050 Property, Plant, and Equipment Buildings (Net) 157,600 175, 100 Equipment (Net) 65,950 63,850 Land 56,000 56,000 Total property, plant, and equipment 279,550 294,950 Total assets 595,545 575,000 Liabilities and Stockholders' Equity Current Liabilities Accounts payable 155,000 160,000 Other current liabilities 40,000 45,000 Total current liabilities 195,000 205,000 Long-term Liabilities Bonds payable 65,000 75,000 Total long-term liabilities 65,000 75,000 Total liabilities 260,000 280,000 Stockholders' Equity Common stock (51 par) 200,000 200,000 Retained earnings 135,545 95,000 Total stockholders' equity 335,545 295,000 Total liabilities and stockholders' equity 595,545 575,000 References % % % % %

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