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Using the following selected items from the comparative balance sheet of Sandhill Products Determine the horizontal analysis. (Round percentages to 2 decimal places, e.g. 12.21%.

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Using the following selected items from the comparative balance sheet of Sandhill Products Determine the horizontal analysis. (Round percentages to 2 decimal places, e.g. 12.21%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SANDHILLPRODUCTS Comparative Balance Sheet December 31 2014 2013 Horizontal analysis Amount Percentage Amount Percentage Current assets $123,480 % $142,786 % Long-term assets 194,040 % 130,634 % Total assets 3,528,000 % 3,038,000 % Determine the vertical analysis. (Round percentages to 1 decimal place, e.g. 12.2%) SANDHILL PRODUCTS Comparative Balance Sheet December 31 2014 2013 Vertical analysis Amount Percentage Amount Percentage Current assets $123,480 % $142,786 % Long-term assets 194,040 % 130,634 % Total assets 3,528,000 % 3,038,000 %

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