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Using these data from the comparative balance sheet of Blue Spruce Spice Company, perform horizontal analysis. (If amount and percentage are a decrease show the
Using these data from the comparative balance sheet of Blue Spruce Spice Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -52% or (55,000), (52%).) Accounts receivable Inventory Total assets December 31, 2025 $457,500 952,500 3,920,000 December 31, 2024 $375,000 750,000 3,500,000 Amount Increase or (Decrease) Percentage % % %
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