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For a horizontal analysis, what is the percent change in revenues for year 3? Convert your final answer to a percentage, round to one decimal
For a horizontal analysis, what is the percent change in revenues for year 3? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6).
What is the company's average collection period ratio for Year 3? Round your final answer to two decimal places.
The Antonio Corporation reported the following data: Year 3 Year 2 Year 1 Cash $8,000 $4,200 $4,800 Accounts Receivable 800 700 500 Inventory 8,400 8,200 7,800 Equipment 40,000 36,000 34,000 Accounts Payable 4,800 4,500 3,000 Notes Payable 13,400 11,500 10,300 Revenue 37,500 34,000 32,400
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