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The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $45,141 $36,700 Accounts receivable (net) 42,180 55,500
The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $45,141 $36,700 Accounts receivable (net) 42,180 55,500 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash Accounts Receivable increase,decrease
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