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The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients. See the perform a horizontal analysis of this

The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients. See the perform a horizontal analysis of this balance sheet between 2014 and 2015.

Identify any accounts that may be questionable. Take into account technology industry trends when performing the analysis.

2014 2015 Change Amount Change %
Cash $1,400 $1,500 $100 7.14%
Accounts Receivable 600 900 $300 50.00%
Inventory 825 975 $150 18.18%
PP&E (net) 1,800 1,950 $150 8.33%
Notes Receivable 500 500 $0 0.00%
Total Assets $5,125 $5,825 $700 13.66%
Accounts Payable $1,000 $1,100 $100 10.00%
Other Current Liabilities 350 425 $75 21.43%
Notes Payable $1,500 $1,750 $250 16.67%
Total Liabilities $2,850 $3,275 $425 14.91%
Stock Outstanding $1,000 $1,000 $0 0.00%
Retained Earnings 1,275 1,550 $275 21.57%
Total Shareholders' Equity $2,275 $2,550 $275 12.09%
Total Liabilities and Shareholders' Equity $5,125 $5,825 $700 13.66%

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