Here is financial information for Galenti Inc.
|
December 31, 2010 |
December 31, 2009 |
|
|
Current assets |
$106,000 |
$ 80,000 |
|
Plant assets (net) |
400,000 |
360,000 |
|
Current liabilities |
91,000 |
65,000 |
|
Long term liabilities |
122,000 |
90,000 |
|
Common stock, $1 par |
138,000 |
115,000 |
|
Retained earnings |
155,000 |
170,000 |
Instructions
Prepare a schedule showing a horizontal analysis for 2010 using 2009 as the base year.