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Using these data from the comparative balance sheet of Ivanhoe Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Ivanhoe Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g 55,000,-20% or (55,000), (2096), Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2019 $496,800 787,500 3,188,360 Dec. 31, 2018 $414,000 630,000 2,702,000 Amount Percentage Accounts receivable 9% Inventory Total assets
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