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QS 13-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be
QS 13-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Current Year $ 375,686 98,998 0 Prior Year $ 234,966 102,322 89,147 Percent Change = Short-term investments Accounts receivable Notes payable Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change EA $ 375,686 234,966 98,998 102,322 0 89,147 Percent Change % % % do do do
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