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Selected data from the comparative statements of financial position of Munchies Ltd, are shown below. Cash Accounts receivable Inventory Property.plant and equipment Intangible assets Total
Selected data from the comparative statements of financial position of Munchies Ltd, are shown below. Cash Accounts receivable Inventory Property.plant and equipment Intangible assets Total assets 2021 $148.000 600,000 777,000 3.107.000 90.000 $4.722.000 2020 $177,000 401.000 595,000 2.822,000 102.000 $4.097,000 2019 $76,000 453,000 694,000 2,857.000 0 $4.080.000 (a) Using horizontal analysis. calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to decimal places 52%. 2021 2020 2019 Cash 1% 36 Accounts receivable % 96 Inventory 96 96 Property, plant and equipment 9
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