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1) The comparative balance sheets of Lander Rosen Clothiers are as follows: December 31, 2013 $ 16846 Cash Accounts receivable Inventory Total assets December 31,
1) The comparative balance sheets of Lander Rosen Clothiers are as follows: December 31, 2013 $ 16846 Cash Accounts receivable Inventory Total assets December 31, 2014 $ 22100 13076 47049 876559 718016 6267 30287 Instructions: Perform horizontal and vertical analysis (comparative and common size analysis) for Lander Rosen Clothiers. Express your answers with 2 decimal places. What is the change in the company's assets from 2013 to 2014? Increase or decrease? 2 Analyze the previous case after doing the horizontal and vertical analysis. Suppose current liabilities in 2013 was 70000 while in 2014 was 65000, use two different ratios to analyses the profitability of the previous company. (use ratios and analysis)
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