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Financial information for Lily Inc. is presented below. (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base yea the
Financial information for Lily Inc. is presented below. (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base yea the numbers as negative, e.g. 55,000,15.2% or (55,000),(15.2%). Round percentages to 1d. \begin{tabular}{lllll} \hline 2020 & 2019 & A shount \end{tabular} Assets Current assets $142,020$108,000$ Plant assets (net) Total assets Liabilities Current liabilities $93,002$73,000$ Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par 258,956165,954=175.000102,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' eauitv $586,955$473.000$
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