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Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a
Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
| Year | ||
|---|---|---|
| 2024 | 2023 | |
| Cash | $ 285,000 | $750,000 |
| Accounts receivable | 374,250 | 150,000 |
| Inventory | 739,700 | 650,000 |
| Long-term assets | 3,314,250 | 2,250,000 |
| Total assets | $4,713,200 | $3,800,000 |
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Connect 2-semester For Auditing & Assurance Services A Systematic Approach
Authors: Author
10th Edition
1259292045, 9781259292040
