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Here is financial information for Metlock, Inc. Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If amount and
Here is financial information for Metlock, Inc. Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. 55,000,20% or (55,000), (20\%). Round percentages to 1 decimal place, e.g. 12.1%. METLOCK, INC. Condensed Balance Sheet December 31 20222021 Increase or (Decrease) Assets Current Assets $99,450$85,000$ % Plant assets (net) Total assets Liabilities Current Liabilities $101,237$67,000$ % Long-term liabilities Total liabilities % % Stockholders' Equity Common stock, $1 par 127,344 % Retained earnings 161,656177,000 %
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