Data for Atlantis Inc. is given below: Atlantis Inc. Comparative Balance Sheet December 31, 2015 and 2014
Assets Current Assets: Cash Accounts Receivable, Net Merchandise Inventory Prepaid Expenses Total Current Assets Property, Plant, and Equipment, Net Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders’ Equity Preferred Stock, 3% Common Stockholders’ Equity, no par Total Liabilities and Stockholders’ Equity2015$12,00016,10045,0006,500$79,600265,000$3444,600$9,90060,00069,90075,000$199,700$344,6002014$10,20016,80031,0003,900$61,900233,000$294,900$11,20050,00061,20075,000$158,700$294,900
Prepare a horizontal analysis of the comparative balance sheet of Atlantis Inc. Round percentage changes to one decimal place.
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