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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, es -55,000, -20% or (55,000). (20%). Round percentages to decimal places, eg. 12%) Increase or (Decrease) Percentage Dec. 31, 2022 Dec. 31, 2021 Amount Accounts receivable $ 487,200 $ 420,000 $ %6 Inventory $ 804,000 $ 670,000 $ % Total assets $3,237,600 $2.840,000 $ 96
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