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The comparative balance sheets of CraneClothiers are as follows: December 31, 2014 December 31, 2013 Cash $75,600 $52,920 Accounts receivable 40,320 25,200 Inventory 57.960 47,880

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The comparative balance sheets of CraneClothiers are as follows: December 31, 2014 December 31, 2013 Cash $75,600 $52,920 Accounts receivable 40,320 25,200 Inventory 57.960 47,880 Total assets 756,000 730,800 Perform horizontal analysis for Crane Clothiers. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, 20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.1%.) Increase (Decrease) 2014 2013 Amount Percentage Cash $75,600 $52.920 % % Accounts receivable 40,320 25,200 % Inventory 57.960 47.880 % Total assets 756,000 730,800 % Perform vertical analysis forCrane Clothiers, (Round percentages to 1 decimal place, e.g. 12.1%) 2014 2013 Amount Percent Amount Percent Cash $75,600 96 $52,920 %6 Accounts receivable 40,320 % 25,200 96 Inventory 57.960 96 47,880 % Total assets 756.000 96 730,800 %

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