Business, 19.05.2020 22:14 allieallie
Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
Year
2018 2017
Cash $ 311,640 $ 840,000
Accounts receivable 600,960 240,000
Inventory 848,780 740,000
Long-term assets 3,467,880 2,340,000
Total assets $ 5,229,260 $ 4,160,000
Increase (Decrease)
Amount %
Cash $(528,360)
Accounts receivable 360,960
Inventory 108,780
Long-term assets 1,127,880
Total assets $1,069,260
Calculate the perctanges for each amounts.?
Answers: 2
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Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage ans...
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