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Using these data from the comparative balance sheet of Oriole Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Oriole 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 $ 485,000 53000 $ 432,000 $ $617,000 $ Inventory $ 786,000 169,000 Total assets $3,111,000 $2,707,000 $ 404000 eTextbook and Media Textbook
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