Current assets Cash (in $ millions) (in $ millions) 2010 2009 Borden Formal Wear Inc. Balance Sheets as at December 31, Accounts receivable Inventory Total current assets Property, plant, and equipment Land 10 10 10 10 12 12 33 13 25 65 45 90 90 50 40 Land 50 50 40 Buildings (net) 250 250 Equipment (net) 100 88 Total property, plant, and equipment 400 378 Total assets 445 468 Current liabilities Accounts payable Long-term liabilities Bank loans Total liabilities Shareholders' equity Common shares 28 23 23 75 60 103 83 1241 124 Common shares Retained earnings 124 124 218 261 Total shareholders' equity 342 385 Total liabilities and shareholders' equity 445 468 Required: (a) Prepare a horizontal and vertical analysis on the balance sheet. (b) How did the business do in 2010