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Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet
Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet for Year 4 and Year 3. (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).) FRANKLIN COMPANY Horizontal Analysis of Balance Sheets Year 4 Year 3 Percentage Change Assets Current assets Cash $ 16,900 $ : % Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land 21,600 55,500 136,200 25,700 255,900 28,900 271,300 12,100 7,700 46,600 143,500 10,100 220,000 20,000 256,600 24,400 301,000 521,000 30,800 331,000 586,900 $ $ Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities
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