HORIZONTAL ANALYSIS
INSTRUCTIONS: Prepare a horizontal analysis of the income statement using 2018 as a base.
	Neiman Corp.
	Comparative Balance Sheet
	For the years ended December 31
	2019	2018
Assets
Current Assets	360	300
Plant Assets	640	500
Total Assets	1,000	800
Liabilities & Stockholders' Equity
Current liabilities	150	120
Long-term debt	240	160
Common stock	350	320
Retained earnings	260	200
Total liabilities & stockholders' equity	1,000	800