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Here is financial information for Pharoah in December 31, 2022 December 31, 2021 Current assets $122,000 $100,000 Plantas (net) 395,456 314,000 Current liabilities 116,360 74.000
Here is financial information for Pharoah in December 31, 2022 December 31, 2021 Current assets $122,000 $100,000 Plantas (net) 395,456 314,000 Current liabilities 116,360 74.000 Lang-terin liabilities 129,096 a8,000 Common stock, $1 par 127,600 110,000 Related earnings 144.100 162,000 Prepare a schedule showing a horizontal analysis for 2022, usine 2021 as the base year. (Enter negative amounts and percentages using cither a negative sign preceding the numbereg.-45,-45% or parentheses eg (45), (45%). Round percentages to 1 decimal place, ag, 12.3%) PHAROAH INC. Condensed Balance Sheets Increase or (Decrease) 2022 2021 Amount Percentage Assets Current assets $122.000 $100.000 $ % Plant assets (net) 395,456 334.000 % Total assets $517,456 $434.000 1 * Liabilities Current liabilities $116,360 $74.000 $ % Long-term liabilities 129,096 88,000 56 Total liabilities 245,456 162.000 % Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. {Enter negative amounts and percentages using either a negative sign preceding the numberes -45,-45% or parentheses es (45),(45%). Round percentages to 1 decimal place, eg. 12.3%) PHAROAH INC. Condensed Balance Sheets Increase or (Decrease) 2022 2021 Amount Percentage Assets Ourrent assets $122.000 $ 100 000 $ Plantasets (net) () 395,456 334.000 Total assets $517,456 $434.000 $ % Liabilities Current liabilities $116,360 $74,000 $ 2 Long-term liabilities 129,096 BB000 Total liabilities 245.456 162.000 Stockholders' Equity Common stock, $1 par 127.600 110.000 Retained earnings 144.400 162.000 Total stockholders' equity 272.000 272.000 Total liabilities and stockholders' equity $517,456 5434000 $
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