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The comparative balance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Inventory 55,200 45,600

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The comparative balance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Inventory 55,200 45,600 Total assets 720,000 696,000 Perform horizontal analysis for SandhillClothiers. (If amount and percentage are a decrease show the numbers as negative, es. 55,000, -20% or (55,0001. (2030. Round percentages to 1 decimal place, es 121%) Increase (Decrease) 2013 Percentage 2014 Amount 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 Sandhili Clothiers. (Round percentages to 1 decimal place, eg. 12.1%) 2014 2013 Amount Percent Amount Percent Cash 572,000 96 $50,400 x * Accounts receivable 38.400 %% 24,000 96 Inventory 55.200 % 45,600 9 Total assets 720.000 96 695,000 %

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