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Using these data from the comparative balance sheets of Sheridan Company, perform horizontal analysis. Using these data from the comparative balance sheets of Sheridan Company,

Using these data from the comparative balance sheets of Sheridan Company, perform horizontal analysis.image text in transcribed

Using these data from the comparative balance sheets of Sheridan Company, perform horizontal analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) $547,350 $445,000 Inventory 751,360 587,000 Total assets 3,256,800 2,714,000 (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Increase or (Decrease) December 31, 2022 December 31, 2021 Amount Percentage Accounts receivable $547,350 $445,000 $ % Inventory 751,360 587,000 % Total assets 3,256,800 2,714,000 %

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