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Selected financial information for Trant
Corporation is presented below.
December
31, 2015 December 31, 2014
Current
assets $ 55,000 $ 40,000
Long-term
liabilities 90,000 80,000
Retained
earnings 125,000 100,000
Instructions
Prepare a schedule showing a horizontal analysis
for 2015 using 2014 as the base year.