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ASSIGNMENT < Question 2, QCF15-2 (similar to) Northern Corporation reported the following financial statements (Click the icon to view the financial statements.) Horizontal analysis

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ASSIGNMENT < Question 2, QCF15-2 (similar to) Northern Corporation reported the following financial statements (Click the icon to view the financial statements.) Horizontal analysis of Northern's balance sheet for 2025 would report Financial Statements A. a 21% increase in Cash and Cash Equivalents. OB. Cash as 8.39% of total assets. OC. a current ratio of 0.99. OD. inventory turnover of 7 times ocs example Get more help Q Search L HW Score: 1%, 1 of 100 points O Points: 0 of 1 Northern Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets Cash and Cash Equivalents Accounts Receivable $ 2,120 $ 1,753 2,064 1,889 Merchandise Inventory Prepaid Expenses Total Current Assets 1,338 1,081 1,525 2,032 7,047 6,755 Other Assets Total Assets 18,216 15,036 $ 25,263 $ 21,791 Liabilities Current Liabilities Long term liabilitiae 7,153 $ 8,228 4,834 2,611 Print Done

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