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Using the following selected items from the comparative balance sheet of Carla Vista Company, illustrate horizontal (using 2020 as the base year) and vertical
Using the following selected items from the comparative balance sheet of Carla Vista Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, eg. 15.2.) HORIZONTAL ANALYSIS December 31, December 31, 2021 2020 December 31, 2021 December 31, 2020 Accounts Receivable $772.800 $688,560 % Inventory 470,120 416,760 Total Assets 3,220,000 3,020,000 I *
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
