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Prepare horizontal and vertical analyses (SO 3,4) 7-10 The comparative balance sheets of Ramsey Egyptian Buffet are presented below. RAMSEY EGYPTIAN BUFFET Comparative Balance Sheets December 31 2009 2008 Assets Current assets $ 76,000 $ 80,000 Property, plant, and equipment (net) 99,000 90,000 Intangibles 25,000 40,000 Total assets $200,000 $210,000 (continues) ngok Collection (host) - printed on 10/15/2021 1021 THVL GIVELSBAD AMA GENDER RECINTO CAROLINA 2 aygandt, Jerry Joopitality Financial Accounting celegtestes 28 CHAPTER 7 Financial Statement Analysis Liabilities and stockholders' equity Current liabilities $40.800 Long-term liabilities 143.000 Stockholders' equity 16,200 Total liabilities and stockholders' equity $200.000 $ 48,000 150.000 12.000 $210,000 Instructions (a) Prepare a horizontal analysis of the balance sheet data for Ramsey using 2008 as a base (b) Prepare a vertical analysis of the balance sheet data for Ramsey in columinar form for 2009