Cash Accounts receivable Equipment, net Land Total assets Percent change = 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 $ Current Year $ 11,700 62,000 60,000 99,500 $ 233,200 $ Prior Year $ 14,600 27,500 53,000 74,000 $ 169,100 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 1 Prior Year 11,700 S 14,600 62,000 27,500 60,000 53,000 99,500 74,000 233 200 S 169 100 Denominator: Dollar Change Percent Char

FINANCIAL ACCOUNTING
10th Edition
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 =
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
$
Current Year
$ 11,700
62,000
60,000
99,500
$ 233,200
$
Prior Year
$ 14,600
27,500
53,000
74,000
$ 169,100
Horizontal Analysis - Calculation of Percent Change
I
Numerator:
Current Year
Prior Year
S
11,700
14,600
62,000
27,500
60,000
53,000
99,500
74,000
233,200 $ 169,100
Denominator:
Dollar Change
Percent Chang
Transcribed Image Text:Cash Accounts receivable Equipment, net Land Total assets Percent change = 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 $ Current Year $ 11,700 62,000 60,000 99,500 $ 233,200 $ Prior Year $ 14,600 27,500 53,000 74,000 $ 169,100 Horizontal Analysis - Calculation of Percent Change I Numerator: Current Year Prior Year S 11,700 14,600 62,000 27,500 60,000 53,000 99,500 74,000 233,200 $ 169,100 Denominator: Dollar Change Percent Chang
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