2. Prepare a horizontal analysis of Fantasy Football's 2018 balance sheet using 2017 as the...
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2. Prepare a horizontal analysis of Fantasy Football's 2018 balance sheet using 2017 as the base year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FANTASY FOOTBALL Balance Sheets December 31 Increase (Decrease 2017 | Amount % Year 2018 Assets Current Cash 208,000 $ 262,200 ,0000 1,900,000 1349,000 87,400 receivable Inventory Supplies 124,000 Long-lerrri assels Equiprrient Less: Accumulated depreciation 1292,0001,292,000 (380000)190,000) S 4,000,000 $3,800,000 To Liabilities and Stockholders' Equity abilities S 168,000$ 129200 3,800 76,000 76,000 Long-term liabilities Notes payable Stockholders' equity 760,000760,000 ft ,000 rati.CAM) 2,209,4002,044,40 Rctained carnings s and stocknolders
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