Question
Comparative data (in thousands) from the balance sheet of Oriole Ltd. are shown below. 2021 2020 2019 2018 Cash $23 $41 $27 $17 Accounts receivable
Comparative data (in thousands) from the balance sheet of Oriole Ltd. are shown below.
2021 2020 2019 2018
Cash $23 $41 $27 $17
Accounts receivable 270 233 206 154
Inventory 510 492 394 323
Prepaid expenses 21 0 10 21
Total current assets $824 $766 $637 $515
Using horizontal analysis, calculate the percent of base year, assuming 2018 is the base year. (Round answers to 0 decimal places, e.g. 53%.) 2021 2020 2019 2018 Cash enter percentages % enter percentages % enter percentages % enter percentages % Accounts receivable enter percentages % enter percentages % enter percentages % enter percentages % Inventory enter percentages % enter percentages % enter percentages % enter percentages % Prepaid expenses enter percentages % enter percentages % enter percentages % enter percentages % Total current assets enter percentages % enter percentages
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