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this is my second time posting the question please answer it correctly. Your answer is partially correct Comparative data in thousands) from the balance sheet
this is my second time posting the question please answer it correctly.
Your answer is partially correct Comparative data in thousands) from the balance sheet of Carla Vista Ltd are shown below. 2021 2020 2019 2018 Cash $30 $56 $37 $27 Accounts receivable 260 224 194 144 Inventory 480 463 391 326 28 Prepaid expenses 0 10 28 Total current assets $798 $743 $632 $525 Using horizontal analysis, calculate the percent of base year, assuming 2018 is the base year. (Round answers to decimal places, e.8.53%) 2021 2020 2019 2018 Cash 11 % 107 % % 37 % Accounts receivable 81 % 56 % % 35 % Inventory 47 % 42 96 20 0 Prepaid expenses -100 -64 % 42 20 96 Total current assets 52 % Step by Step Solution
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