The comparative balance sheet of Haley Company appears below: 
Instructions
(a) Using horizontal analysis, show the percentage change for each balance sheet item using 2010 as a base year.
(b) Using vertical analysis, prepare a common size comparative balance sheet.
Definitions:
Boxer Rebellion
An uprising in China between 1899 and 1901 aimed at expelling foreign influence in religion, politics, and trade.
Deport Foreigners
The act of expelling individuals who are not citizens from a country, usually for violating immigration laws or posing a threat to national security.
W.E.B. DuBois
An African American sociologist, historian, civil rights activist, and author who co-founded the National Association for the Advancement of Colored People (NAACP) in 1909.
Color Line
Describes the segregation or division between racial groups, particularly between blacks and whites in the United States.
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