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19. Perform a vertical analysis on the following information: 2016 2015 Cash $500,000 $200,000 Accounts Receivable 900,000 800,000 Inventory 700,000 500,000 Long-term assets 2,200,000 2,500,000
19. Perform a vertical analysis on the following information: 2016 2015 Cash $500,000 $200,000 Accounts Receivable 900,000 800,000 Inventory 700,000 500,000 Long-term assets 2,200,000 2,500,000 Total Assets $4,300,000 $4,000,000 20. Perform a horizontal analysis on the following information (yes it is the same info) 2016 2015 Cash $500,000 $200,000 Accounts Receivable 900,000 800,000 Inventory 700,000 500,000 Long-term assets 2,200,000 2,500,000 Total Assets 4,300,000 $4,000,000
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