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Brief Exercise 18-04 Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis Accounts recevable Inventory Total assets December 31, 2020

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Brief Exercise 18-04 Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis Accounts recevable Inventory Total assets December 31, 2020 499,200 817,800 2,926,680 December 31, 2019 $390,000 580,000 2,523,000 (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45),) Increase or (Decrease) December 31, 2020 $499,200 817,800 2,926,680 December 31, 2019 $390,000 580,000 Amount Percentage Accounts receivable Inventory Total assets 2,523,000

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