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Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Crane 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, 2022 Dec 31, 2021 Amount Percentage Accounts receivable $353,400 Inventory $ 666,400 $ 310,000 $ $ 560,000 $ $2,710,000 $ Total assets $3,062,300
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