Analyze the financial status of a company (e.g., liquidity, solvency, profitability) by using horizontal and you can enter your percentages to the right of and the percentages

Comparative Balance Sheet December 31, 2008 and 2007 2008 (5) 2007 ($) Assets Current assets Long-term investments Plant assets (net) Intangible assets 550,000 95,000 444,500 50,000 533,000 177,500 470,000 50,000 Total assets 1,139,500 1,230,500 Liabilites Current liabilities Long-term liabilities 210,000 100,000 243,000 200,000 Total liabilities 310,000 443,000 Stockholders' Equty Preferred 6% stock, $100 par Common stock, $10 par Retained earnings 150,000 500,000 179,500 150,000 500,000 137,500 Total stockholders' equity 829,500 787,500 Total liabilities and stockholders' equity 1,139,500 1,230,500