Summary financial information for Holland Company is as follows.
|
December 31, 2012 |
December 31, 2011 |
|
|
Current assets |
199,000 |
220,000 |
|
Plant assets |
821,000 |
780,000 |
|
Total assets |
1,020,000 |
1,000,000 |
Compute the amount and percentage changes in 2012 using horizontal analysis, assuming 2011 is the base year. (For negative numbers use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round percent to 1 decimal place, e.g. 7.5.)