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The comparative balance sheets of IvanhoeClothiers are as follows: December 31, 2014 December 31, 2013 $50,400 $36,120 26,880 17,200 38,640 32,680 504,000 498,800 Cash Accounts
The comparative balance sheets of IvanhoeClothiers are as follows: December 31, 2014 December 31, 2013 $50,400 $36,120 26,880 17,200 38,640 32,680 504,000 498,800 Cash Accounts receivable Inventory Total assets Perform horizontal analysis for Ivanhoe Clothiers. (If amount and percentage are a decrease show the numbers as ne e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) Cash Increase (Decrease) 2014 2013 Amount Percentage $50,400 $36,120 Accounts receivable 26,880 17,200 Inventory 38,640 32,680 Total assets 504,000 498,800 % di % di % di % Perform vertical analysis forlvanhoeClothiers. (Round percentages to 1 decimal place, e.g. 12.1%.) Cash 2014 Amount Percent $50,400 Accounts receivable 26,880 Inventory 2013 Amount Percent % $36,120 % % 17,200 % 38,640 % 32,680 % Total assets 504,000 % 498,800 % do
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