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Using these data from the comparative balance sheet of Sunland Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers
Using these data from the comparative balance sheet of Sunland 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 O decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $493,000 $399,000 Inventory $751,000 $638,000 $ Total assets $3,112,000 $2,848,000 $
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