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Using these data from the comparative balance sheet of Blossom Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Blossom Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $ 580,000 $ 423,000 $ % Inventory $ 754,000 $ 568,000 $ % Total assets $3,135,000 $2,803,000 $ $ %
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