Question
Brief Exercise 210 Comparative information taken from the Cullumber Company financial statements is shown below: (a) Accounts receivable 2022 $197,800 $143,500 2021 (b) Retained earnings
Brief Exercise 210 Comparative information taken from the Cullumber Company financial statements is shown below: (a) Accounts receivable 2022 $197,800 $143,500 2021 (b) Retained earnings 32,700 (14,900) (c) Sales revenue 857,100 738,100 (d) Operating expenses 156,400 185,800 (e) Income taxes payable 11,070 9,370 Using horizontal analysis, show the percentage change from 2021 to 2022 with 2021 as the base year. ( any answer field blank. Enter 0 for amounts.) (a) Accounts receivable (b) Retained earnings (c) Sales revenue (d) Operating expenses (e) Income taxes payable Percentage change % % 90 90 % % % > > > Show Work is REQUIRED for this question: Open Show Work
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