Exercise 180 The comparative balance sheet of Nathan Company appears below: 2018 $333 567 NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2019 Current assets $420 Plant assets 780 Total assets $1,200 Liabilities and stockholders' equity Current liabilities $168 Long-term debt 300 Common stock 432 Retained earnings 300 Total liabilities and stockholders' equity $1,200 $900 $144 162 306 288 $900 Using horizontal analysis, show the percentage change for each balance sheet item using 2018 as a base year. (Ro NATHAN COMPANY Comparative Balance Sheet December 31 2019 2018 $420 $333 Assets Percentage change Current assets Plant assets 780 567 Total assets $1,200 $900 Liabilities and stockholders' equity Current liabilities $168 $144 on 8 W E R T Y U 02:31 PM / Remaining: 90 min. Total liabilities and stockholders' equity $1,200 $900 (a) Using horizontal analysis, show the percentage change for each balance sheet item using 2018 as a base y NATHAN COMPANY Comparative Balance Sheet December 31 Assets 2019 2018 Percentage change Current assets $420 $333 Plant assets 780 567 $1,200 $900 Total assets Liabilities and stockholders' equity Current liabilities Long-term debt Common stock Retained earnings 288 Total liabilities and stockholders' equity $1,200 $900 Click if you would like to Show Work for this question: Open Show Work Attempts (b) oon WELRY