Summary financial information for Rosepatch Company is as follows.
|
December 31, 2012
|
December 31, 2011
|
Current assets
|
$234,000
|
$180,000
|
Plant assets (net)
|
756,000
|
420,000
|
Total assets
|
$990,000
|
$600,000
|
Compute the amount and percentage changes in 2012 using horizontal analysis, assuming 2011 is the base year.