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Question 3 Crystal Clear Products Incorporated reports the following balance sheet for 2018 and 2019. Required - Using the following information, perform a horizontal analysis

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Question 3 Crystal Clear Products Incorporated reports the following balance sheet for 2018 and 2019. Required - Using the following information, perform a horizontal analysis for 2019: Crystal Clear Products Incorporated Comparative Balance Sheet 31-Dec-19 Assets Cash Accounts Receivable Total Current Assets $ $ $ 2019 80,000 $ 47.000 $ 127.000 $ 2018 95,000 33,000 128,000 Property, plant and equipment, net Loans Receivable Total Assets $ $ 220,000 $ 85,000 $ 432,000 $ 199,000 61,000 388,000 lu Liabilities Accounts Payable Bank Loan $ $ 52,000 $ 75,000 $ 48,000 48,000 Shareholder Equity Common Shares Retained Earning Total Shareholders Equity Total Liabilities & Shareholder's Equity 6 $ $ $ $ 75,000 $ 230,000 $ 305,000 $ 432,000 $ 75,000 217,000 292,000 388,000 Comm 204 - Financial Accounting Assignment #6 Chapters 10 & 11 Due: Wednesday, December 4, 2019

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