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 ans to I decimal place. (.e., 234 should be entered as 23.4).) PEREZ COMPANY Horizontal Analysis of Balance Sheets Year 4 Assets Year 3 % Change Current assets Cash $ 17.000 $ 13,500 % Marketable securities 21.600 Accounts receivable (net) 7.900 56.000 46,500 Inventories 136,400 143,800 Prepaid items 25.100 11,700 Total current assets 256,100 223,400 Investments 27.900 20.800 Plant (not 271,400 255.300 Land 29,200 24,300 Total long-term assets 328,500 300.400 Total assets $ 584,500 $ 523,800 Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable $ 16.600 $ 5,600 Accounts payable 113.400 98,200 Salaries payable 19,300 13.600 Total current liabilities 149 300 117.400 Noncurrent liabilities Bonds payable 99.000 99,000 Other 30.500 25.200 Total noncurrent liabilities 129,500 124,200 Total liabilities 278,800 241,600 Stockholders' equity Preferred stock (par value $10,4% cumulative, 69,000 69,000 nonparticipating: 6,900 shares authorized and issued) Common stock (no par: 50,000 shares authorized; 10,000 69,000 69,000 shares issued) 167.800 144.200 Retained earings 305,800 282,200 Total stockholders' equity $ 584.600 $ 523,800 Total liabilities & stockholders' equity Analysis Inc Stmt> Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc 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. (l.e. 234 should be entered as 23.4).) PEREZ COMPANY Horizontal Analysis of Income Statements Year 4 Year % Change % S 231.400 $ 210,100 9,300 5,600 240,700 215.700 Revenues Sales (net) Other revenues Total revenues Expenses Cost of goods sold Selling general, and administrative expenses Interest expense Income tax expense Total expenses Net income (los) 118.200 54.200 6,300 21.100 199,800 40,900 $ 101,100 48.900 5,500 20.100 175,600 40,100 $ Analysis Bal Sheet