PROBLEM 5 Vertical and Horizontal Analysis - Balance Sheet The comparative balance sheet of Haley Company appears below. Prepare a horizontal analysis. 20212020 Assets Current assets Plant assets Total assets \begin{tabular}{r|r} \hline 360 & 300 \\ \hline 640 & 500 \\ \hline 1,000 & 800 \\ \hline \end{tabular} Liabilities \& Stockholders' Equity \begin{tabular}{l|l|l|} \hline Current liabilities & 150 & 120 \\ \hline Long-term debt & 240 & 160 \\ \hline Common stock & 350 & 320 \\ \hline Retained earnings & 260 & 200 \\ \hline \multicolumn{1}{c|}{ Total liabilities \& stockholders' equity } & 1,000 & 800 \\ \hline \end{tabular} Prepare a vertical analysis. 2021 2020 Assets Current assets Plant assets Total assets \begin{tabular}{r|l} \hline 360 & 300 \\ \hline 640 & 500 \\ \hline 1,000 & 800 \end{tabular} Liabilities \& Stockholders' Equity Current liabilities Long-term debt Common stock Retained earnings Total liabilities \& stockholders' equity 1502403502601,000 120 160 320 200