Comparative data (in thousands) from the balance sheet of Winisk Ltd. are shown below. Using horizontal analysis,

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Comparative data (in thousands) from the balance sheet of Winisk Ltd. are shown below. Using horizontal analysis, calculate the percent of base year, assuming 2021 is the base year.

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Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: Feb 01, 2023 01:26 AM

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Comparative data (in thousands) from the balance sheet of Winisk Ltd. are shown below. Using horizontal analysis,

Question:

Cash Accounts receivable Inventory Prepaid expenses Total current assets 2024 $24 268 499 22 $813 2023 $ 45 227 481 0 $753 2022 $ 30 197 395 10 $632 2021 $ 20 150 325 22 $517

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