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Please answer question #37, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Using these data from the comparative balance sheet of Blossom Company, perform
Please answer question #37, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!
Using these data from the comparative balance sheet of Blossom Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000). (20%). Round percentages to decimal places, eg, 12%) Increase or (Decrease) Percentage Dec 31, 2022 Dec 31, 2021 Amount Accounts receivable $ 345,000 $300,000 $ % Inventory $649,000 $ 550,000 $ % Total assets $3.024.000 $2,700,000 %6 Step by Step Solution
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