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Horizontal and Vertical Analysis Plato Clothing Company specializes in selling apparel for special occasions. In 2022 and 2023, Plato's account balances were as follows: begin{tabular}{lrr}

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Horizontal and Vertical Analysis Plato Clothing Company specializes in selling apparel for special occasions. In 2022 and 2023, Plato's account balances were as follows: \begin{tabular}{lrr} & 2023 & 2022 \\ \hline Accounts recelvable & $76,500 & $72,000 \\ Merchandise inventory & 1,350 & 14,400 \\ Total assets & 248,160 & 262,500 \\ Net sales & 241,400 & 201,300 \\ Cost of goods sold & 100,740 & 79,750 \end{tabular} Required: 1. Calculate the change in each of the Plato's accounts from 2022 to 2023. Enter negative sign for decrease valuens. Accounts receivable Merchandise inventory Total assets Net sales Cost of goods sold 2. Indicate what happened from 2022 to 2023 to accounts receivable and merchandise inventory as a percentage of total assets. Round your answers to the nearest whole percent. Accounts recelvable from % in 2022 to t in 2023. 2. Indicate what happened from 2022 to 2023 to accounts receivable and merchandise inventory as a percentage of total assets. Round your answers to the nearest whole percent. Accounts receivable Merchandise inventory % in 2023. of in 2023. Indicate what happened from 2022 to 2023 to cost of goods sold as a percentage of net sales, Round your answers to the nearest whole percent. Cost of goods sold from \&s in 2022 to \% in 2023

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