Brief Exercise 12-2 Prepare horizontal analysis Perform a horizontal analysis providing both the amount and percentage change. (Round Percentag Decreases should be indicated by a minus sign.) Cash Accounts receivable Inventory Long-term assets Total assets Cash Accounts receivable Inventory Long-term assets Total assets Year 2021 2020 $300,000 $ 800,000 200,000 700,000 2,300,000 500,000 800,000 3,400,000 $5,000,000 $4,000,000 Increase (Decrease) Amount

Brief Exercise 12-2 Prepare horizontal analysis Perform a horizontal analysis providing both the amount and percentage change. (Round Percentag Decreases should be indicated by a minus sign.) Cash Accounts receivable Inventory Long-term assets Total assets Cash Accounts receivable Inventory Long-term assets Total assets Year 2021 2020 $300,000 $ 800,000 200,000 700,000 2,300,000 500,000 800,000 3,400,000 $5,000,000 $4,000,000 Increase (Decrease) Amount

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter6: Receivables And Inventories

Section: Chapter Questions

Problem 6.3MBA

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