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Using these data from the comparative balance sheet of Sandhill Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Sandhill Co., 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 O decimal places, e.g. 12%) Increase or (Decrease) Dec 31,2020) Dec 31, 2009) Amount Percentage Accounts receivable $498,610 $419,000 $ 49800 12 Inventory 803,520 648,000 $ 97240 17 % Total assets 3,177,240 2,739,000 274000 10
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