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URGENT Here is financial information for Pharoah Express Inc. December...

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Accounting

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Here is financial information for Pharoah Express Inc. December 31, 2021 December 31, 2020 Current assets $ 132,020 92.000 440,370 378,000 102,950 71.000 Property, plant and equipment Current liabilities Long-term liabilities Common stock. $1 par Retained earnings 146,400 96,000 160,930 121,000 162,110 182.000 Prepare a horizontal analysis for 2021 using 2020 as the base year. (Round percentages to 1 decimal place, c.8. 12.1%. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (450) 3 Assets Increase or (Decrease) 2021 2020 Amount Current assets Percentage 132,020 $ 92,000 $ (400203 Property, plant and equipment %6 440,370 378,000 (62370) Total assets $ 572,390 $ 470,000 (1023901 Liabilities % Current liabilities 102.950 $ 71,000 $ % Long-term liabilities 146,400 96.000 Total liabilities 249,350 $ 167,000 Stockholders' Equity Common Stock, $1 par 160.930 $ 121.000 36 Retained earnings 162.110 182,000 Total stockholders' equity 323,040 303,000 96 Total liabilities and stockholders' equity 572.390 470,000 $

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