Analysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) ZACHARY COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change Assets Current assets S S 96 16,300 21,400 55,300 135,400 25,500 253,900 27,500 271,500 30.800 329,800 583,700 12,400 6,500 47,200 144,300 10.800 221,200 20,700 255,800 24,900 301,400 522,600 S S S S Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stook (par value $10.4% cumulative, nonparticipating: 6,400 shares authorized and issued) Common stock (no par: 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stookholders' equity 4,500 99,600 15,200 113,600 20,200 149,000 13,800 117,900 99,300 32,000 131,300 280,300 99,300 25,000 124,300 242.200 84,000 84,000 64,000 175,400 303,400 583,700 64,000 152,400 280,400 522,600 S S %6 Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) ZACHARY COMPANY Horizontal Analysis of Income Statements 2019 2018 Percentage Change Revenues Sales (net) $ 231,800 $ 210,200 96 Other revenues 9.200 5,100 Total revenues 240.800 215,300 Expenses Cost of goods sold 118,600 101,400 Selling, general, and administrative 53,600 48,400 expenses Interest expense 8,500 5,700 Income tax expense 22.600 21,800 Total expenses 201,300 177.100 Net income (loss) S 39,500 S 38,200 %6