Question: Using these data from the statement of financial position, prepare a horizontal analysis using 2015 as a base year. Accounts receivable Inventory Total assets 30

Using these data from the statement of financial position, prepare a horizontal analysis using 2015 as a base year.

Accounts receivable Inventory Total assets 30 June 2017 $ 800 000 950

Accounts receivable Inventory Total assets 30 June 2017 $ 800 000 950 000 4600 000 30 June 2016 $ 600 000 420000 3800 000 30 June 2015 $ 700 000 530 000 2 400 000

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