Acc291 Principles of Accounting: E14-1 Financial information for Blevins Inc is presented below

Acc291 Principles of Accounting
E14-1
Financial information for Blevins Inc. is presented below.
2012 2011
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:
Complete the schedule showing a horizontal analysis for 2012 using 2011 as the base year. (If amount is a decrease, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round percentages to 1 decimal place, e.g. 10.5. List items in the order given in the question.)
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