ACC 560 help A Guide to career/uophelp.com ACC 560 help A Guide to career/uophelp.com | Page 70

Instructions
Prepare a horizontal analysis of the income statement data for
Emley Corporation using 2016 as a base. (Show the amounts of
increase or decrease.

Prepare a vertical analysis of the income statement data for Emley
Corporation in columnar form for both years.

E14-7
Frizell Company has the following comparative balance sheet data.
FRIZELL COMPANY
Balance Sheets
December 31
2017
Cash
$ 30,000
$ 15,000
Accounts receivable (net)
60,000 70,000
Inventory
50,000 60,000
Plant assets (net)
180,000
200,000
2016