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The comparative balance sheets of OrioleClothiers are as follows: Cash Accounts receivable Inventory Total assets December 31, 2014 December 31, 2013 $66,000 $46,200 35,200
The comparative balance sheets of OrioleClothiers are as follows: Cash Accounts receivable Inventory Total assets December 31, 2014 December 31, 2013 $66,000 $46,200 35,200 22,000 50,600 41,800 660,000 638,000 Perform horizontal analysis for OrioleClothiers. (If amount and percentage are a decrease show the numbers as negative, 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 $66,000 $46,200 Accounts receivable 35,200 22,000 Inventory 50,600 41,800 Total assets 660,000 638,000 Perform vertical analysis for OrioleClothiers. (Round percentages to 1 decimal place, e.g. 12.1%.) % % % de de de Cash Increase (Decrease) 2014 2013 Amount Percentage % $66,000 $46,200 Accounts receivable 35,200 22,000 Inventory 50,600 41,800 Total assets 660,000 638,000 Perform vertical analysis forOrioleClothiers. (Round percentages to 1 decimal place, e.g. 12.1 %.) Cash % % % 2014 2013 Amount Percent Amount Percent $66,000 % $46,200 % Accounts receivable 35,200 Inventory % 22,000 50,600 % 41,800 Total assets 660,000 % 638,000 eTextbook and Media. %
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