Cash Accounts receivable Equipment, net Land Total assets Percent change = QS 13-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place. Cash Accounts receivable Equipment, net Land Total assets S Current Year $ 11,500 61,500 59,000 99,000 $ 231,000 S Prior Year $ 14,200 27,088 52,000 73,500 $ 166,700 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year Prior Year 11,500 $ 61,500 59,000 14,200 27,000 52,000 99,000 73,500 231,000 $ 168,700 Denominator: Dollar Change Percent Change % % % % %

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Cash
Accounts receivable
Equipment, net
Land
Total assets
Percent change =
QS 13-5 (Algo) Horizontal analysis LO P1
Compute the annual dollar changes and percent changes for each of the following items.
Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.
Cash
Accounts receivable
Equipment, net
Land
Total assets
S
Current Year
$ 11,500
61,500
59,000
99,000
$ 231,000
S
Prior Year
$ 14,200
27,088
52,000
73,500
$ 166,700
Horizontal Analysis - Calculation of Percent Change
Numerator:
Current Year
Prior Year
11,500 $
61,500
59,000
14,200
27,000
52,000
99,000
73,500
231,000 $ 168,700
Denominator:
Dollar Change
Percent Change
%
%
%
%
%
Transcribed Image Text:Cash Accounts receivable Equipment, net Land Total assets Percent change = QS 13-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place. Cash Accounts receivable Equipment, net Land Total assets S Current Year $ 11,500 61,500 59,000 99,000 $ 231,000 S Prior Year $ 14,200 27,088 52,000 73,500 $ 166,700 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year Prior Year 11,500 $ 61,500 59,000 14,200 27,000 52,000 99,000 73,500 231,000 $ 168,700 Denominator: Dollar Change Percent Change % % % % %
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