okDInt=PrintCompute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with aminus sign. Round percent change to one decimal place.)0ferences#Short-term investmentsAccounts receivableNotes payablePercent Change =Short-term investmentsAccounts receivableNotes payableType here to searchEscfoF11XF2$Current Year$ 378,252100,583@20Horizontal Analysis - Calculation of Percent ChangeNumerator:1Current YearF320#mPrior Year$ 236,897104,50391,7023378,252 $100,583F40S4Prior Year$236,897104,50391,702F5$%5Denominator:Dollar ChangeF6111,355(3,920)(91,702)DELLF7APercent Change29.4 %(26.7) %(100.0) %6F8&70F9*a8F109

Horizontal analysis means where the analysis is made with regard with two different period where as…

Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) ces Short-term investments Accounts receivable Notes payable Percent Change: Short-term investments Accounts receivable Notes payable $ Current Year $ 378,252 100,583 0 Prior Year $ 236,897 104,503 91,702 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 378,252 $ 100,583 0 Prior Year 236,897 104,503 91,702 $ Denominator: Dollar Change 111,355 (3,920) (91,702) Percent Change 29.4 % (26.7) % (100.0) %

Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) ces Short-term investments Accounts receivable Notes payable Percent Change: Short-term investments Accounts receivable Notes payable $ Current Year $ 378,252 100,583 0 Prior Year $ 236,897 104,503 91,702 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 378,252 $ 100,583 0 Prior Year 236,897 104,503 91,702 $ Denominator: Dollar Change 111,355 (3,920) (91,702) Percent Change 29.4 % (26.7) % (100.0) %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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