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Take me to the text You have been asked to examine the financial statements for Organo Inc. and to comment on trends. a) Use
Take me to the text You have been asked to examine the financial statements for Organo Inc. and to comment on trends. a) Use horizontal analysis tools to compare the changes between 2019 and 2020 line items for the balance sheet. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all answers to 2 decimal places. Organo Inc. Balance Sheet As at July 31 2020 2019 % Change Current Assets Cash $314,600 $328,100||-4.11 % Accounts Receivable $138,700 $188,700||-26.5 % Inventory $373,700 $405,000 -7.73 % Short-Term Investments Total Current Assets Other Assets $71,300 $90,900-21.56 $898,300 $1,012,700||-11.3 $344,000 $255,100 34.85 % % % Total Assets $1,242,300 $1,267,800||-2.01 % Current Liabilities $173,000 $212,100 -18.43 % Long-Term Debt $33,500 $72,100 -53.54 % Total Liabilities $206,500 $284,200||-27.34 % Shareholders' Equity $1,035,800 $983,600 5.31 % Total Liabilities and Equity $1,242,300 $1,267,800||-2.01 %
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