Analysis Bal Sheet Analysis Inc 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).) points FINCH COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change eBook Print $ $ References Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land 17,400 20,200 54,200 136,100 26,700 254,800 27,900 270,300 29,500 327,700 582,300 12.400 6.000 47.100 143.800 10.200 220.400 20.400 256.000 25.500 301.900 522.300 $ $ $ 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 16,800 113,700 20,500 151,000 5.100 99.000 14.300 118.400 98,500 31,200 129,700 280,700 98.500 25.100 123,600 242.000 83,000 63.000 Preferred stock (par value $10,4% cumulative, nonparticipating: 6,300 shares authorized and issued) Common stock (no par. 50.000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity 83,000 175,600 301,600 582,300 63.000 154.300 280,300 522,300 $ $ % 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. (i.e., .234 should be entered as 23.4).) Percentage Change FINCH COMPANY Horizontal Analysis of Income Statements 2019 2018 Revenues Sales (net) $ 231,100 $ 211,900 Other revenues 9,2006 ,400 Total revenues 240,300 218,300 Expenses Cost of goods sold 118,700 101,700 Selling, general, and administrative expenses 54,000 49,500 Interest expense 7,500 6,700 Income tax expense 21,900 20,900 Total expenses 202,100 178,800 Net income (loss) $ 38,200 $ 39,500 %