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Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus
Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
| Year | ||||||||
| 2021 | 2020 | |||||||
| Cash | $ | 291,060 | $ | 770,000 | ||||
| Accounts receivable | 424,490 | 170,000 | ||||||
| Inventory | 763,800 | 670,000 | ||||||
| Long-term assets | 3,348,250 | 2,270,000 | ||||||
| Total assets | $ | 4,827,600 | $ | 3,880,000 | ||||
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Studies Of Company Records (RLE Accounting)1830-1974
Authors: J. R. Edwards
1st Edition
1138983306, 9781138983304
