Make a horizontal analysis of the comparative balance sheet of Atlantis Inc. Round percentage changes to one decimal place.

Atlantis Inc.

Comparative Balance Sheet

December 31, 2015 and 2014

20152014

Assets

Current Assets:

Cash$12,000$10,200

Accounts Receivable, Net16,10016,800

Merchandise Inventory 45,00031,000

Prepaid Expenses 6,5003,900

Total Current Assets $79,600$61,900

Property, Plant, and Equipment, Net 265,000233,000

Total Assets$344,600$294,900

Liabilities

Total Current Liabilities $9,900$11,200

Long-term Liabilities60,00050,000

Total Liabilities69,90061,200

Stockholders' Equity

Preferred Stock, 3%75,00075,000

Common Stockholders' Equity, no par $199,700$158,700

Total Liabilities and Stockholders' Equity $344,600$294,900