Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Current Year Prior Year Short-term investments Accounts receivable Notes payable Percent Change $ 375,911 99,129 0 $ 235,231 102,691 89,640 Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Short-term investments $ 375,911 $ 235,231 Accounts receivable 99,129 102,691 Notes payable 0 89,640 Percent Change % % %

Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Current Year Prior Year Short-term investments Accounts receivable Notes payable Percent Change $ 375,911 99,129 0 $ 235,231 102,691 89,640 Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Short-term investments $ 375,911 $ 235,231 Accounts receivable 99,129 102,691 Notes payable 0 89,640 Percent Change % % %

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 16P: Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for...

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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.) Short-term investments Accounts receivable Notes payable Percent change= Short-term investments Accounts receivable Notes payable $ Current Year $ 374,634 97,364 0 Prior Year $ 234,000 101,000 88,000 Horizontal Analysis-Calculation of Percent Change Numerator: Current Year Prior Year 374,634 $ 234,000 97,364 101,000 0 88,000 Denominator: Dollar Change Percent Change % %
ok D Int = Print 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.) 0 ferences # Short-term investments Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable Type here to search Esc fo F1 1 X F2 $ Current Year $ 378,252 100,583 @ 2 0 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year F3 20 #m Prior Year $ 236,897 104,503 91,702 3 378,252 $ 100,583 F4 0 S4 Prior Year $ 236,897 104,503 91,702 F5 $ % 5 Denominator: Dollar Change F6 111,355 (3,920) (91,702) DELL F7 A Percent Change 29.4 % (26.7) % (100.0) % 6 F8 & 7 0 F9 * a 8 F10 9
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