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Use this balance sheet to do horizontal analysis of the Howard Company. 2019 2018 amount percent Assets Current Assets $13,000 $10,000 Plant Assets $44,000 $50,000

Use this balance sheet to do horizontal analysis of the Howard Company.
2019 2018 amount percent
Assets
Current Assets $13,000 $10,000
Plant Assets $44,000 $50,000
Total Assets $57,000 $60,000
Liabilities $11,000 $20,000
Stockholders' Equity $46,000 $40,000
Total Liabilities and Equity $57,000 $60,000

Financially, do you think this company is stronger in 2018 or 2019?

2018 because there are more assets

2018 because there are fewer liabilities and more current assets to pay the bills.

2018 because the total liabilities and equity went up.

2019 because there are fewer liabilities and more current assets to pay those bills

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