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Using these data from the comparative balance sheets of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheets of Cullumber 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%).) Accounts receivable Inventory Total assets Dec. 31, 2022 $445,440 741,730 3,098,520 Dec. 31, 2021 $384,000 613,000 $ 2,718,000 SA Amount Increase or (Decrease) 12126.80 1684.42 21347.10 Percentage 7202.37 % do 21013.59 % 257.04 %
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