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Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to
Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.) Cash Accounts receivable Inventory Long-term assets Total assets Cash Accounts receivable Inventory Long-term assets Total assets Year 2024 $ 272,640 274,010 2023 $710,000 110,000 691,740 3,246,490 $4,484,880 Increase (Decrease) Amount % 610,000 2,210,000 $3,640,000
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