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The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $40,524 $30,700 Accounts receivable (net) 25,179 32,700
The Cash and Accounts Receivable end-of-year balances for a company are provided below.
Current Year Prior Year Cash $40,524 $30,700 Accounts receivable (net) 25,179 32,700 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.
The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $40,524 $30,700 Accounts receivable (net) 25,179 32,700 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 9,824 % increase Accounts Receivable -7,521 % decrease increase, decreaseStep by Step Solution
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