E15-1 Financial information for Blevins Inc. is presented below.

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E15-1 Financial information for Blevins Inc. is presented below.  

 

December 31, 2009                 December 31, 2008

Current assets                          $125,000                                 $100,000

Plant assets (net)                      396,000                                   330,000

Current liabilities                     91,000                                                 70,000

Long-term liabilities                 133,000                                   95,000

Common stock, $1 par                        161,000                                   115,000

Retained earnings                    136,000                                   150,000

 

Instructions
Prepare a schedule showing a horizontal analysis for 2009 using 2008 as the base year.

 

    • 11 years ago
    E15-1 Financial information for Blevins Inc. is presented below.
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