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The comparative balance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash Accounts receivable Inventory Total assets $72,000 $50,400 38,400
The comparative balance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash Accounts receivable Inventory Total assets $72,000 $50,400 38,400 24,000 55,200 45,600 720,000 696,000 Perform horizontal analysis for SandhillClothiers. (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 $72,000 $50,400 % Accounts receivable 38,400 24,000 Inventory 55,200 45,600 Total assets 720,000 696,000 Perform vertical analysis for Sandhill Clothiers. (Round percentages to 1 decimal place, e.g. 12.1%.) 2014 Amount Percent Cash $72,000 Accounts 38,400 receivable 2013 Amount Percent % $50,400 % 24,000 % de de de % % % = Question 6 of 10 < > Total assets 720,000 696,000 -/15 Perform horizontal analysis for Sandhill Clothiers. (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%.) Increase (Decrease) 2014 2013 Amount Percentage Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Inventory 55,200 45,600 Total assets 720,000 696,000 Perform vertical analysis for Sandhill Clothiers. (Round percentages to 1 decimal place, e.g. 12.1%.) % % % % 2014 Amount Percent Cash $72,000 2013 Amount Percent % $50,400 % Accounts 38,400 % 24,000 de % receivable Inventory 55,200 % 45,600 % Total assets 720,000 % 696,000 %
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