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Horizontal Analysis Cash and accounts receivable for Ashfall Co. are provided below. Prior Year $58,000 $50,000 Current Year Cash Accounts receivable (net) Based on this

Horizontal Analysis
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Cash and accounts receivable for Ashfall Co. are provided below. Prior Year $58,000 $50,000 Current Year Cash Accounts receivable (net) Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Use $62,400 $42,000 the minus sign to indicate negative numbers or decreases. Round percent change answer to one decimal place. Account Cash Accounts Receivable Dollar Change Percent Change increase decrease

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