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Question 1 of 3 < > View Policies Current Attempt in Progress Here is financial information for Sheridan Express Inc. December 31, 2021 December
Question 1 of 3 < > View Policies Current Attempt in Progress Here is financial information for Sheridan Express Inc. December 31, 2021 December 31, 2020 Current assets $134,890 $94,000 Property, plant and equipment 441,960 381,000 Current liabilities 104,760 72,000 Long-term liabilities 148,410 97,000 Common stock, $1 par 163,480 122,000 Retained earnings 160,200 184,000 -/3 E Prepare a horizontal analysis for 2021 using 2020 as the base year. (Round percentages to 1 decimal place, e.g. 12.1%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) SHERIDANEXPRESS INC. Condensed Balance Sheet December 31 Assets 2021 2020 Current assets $134.890 $94.000 $ Increase or (Decrease) Amount Percentage % Question 1 of 3 > -/3 E Increase or (Decrease) Assets Current assets 2021 2020 Amount Percentage $134,890 $94,000 % Property, plant and equipment 441,960 381,000 % $576,850 $475,000 $ de % Total assets Liabilities Current liabilities $104,760 $72,000 % % Long-term liabilities 148,410 97,000 Total liabilities $253,170 $169,000 $ % Stockholders' Equity Common Stock, $1 par $163,480 $122,000 Retained earnings 160,200 184,000 Total stockholders' equity 323,680 306,000 % % % Total liabilities and stockholders' $576,850 $475,000 $ % equity
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