Current Attempt in Progress Using these data from the comparative balance sheets of Oriole Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $525,980 $442,000 689,440 556,000 3,199,280 2,758,000 (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) Increase or (Decrease) December 31, 2022 December 31, 2021 Amount Accounts receivable $525,980 $442,000 Inventory 689,440 556,000 Total assets 3,199,280 2,758,000 Percentage x a
Current Attempt in Progress Using these data from the comparative balance sheets of Oriole Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $525,980 $442,000 689,440 556,000 3,199,280 2,758,000 (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) Increase or (Decrease) December 31, 2022 December 31, 2021 Amount Accounts receivable $525,980 $442,000 Inventory 689,440 556,000 Total assets 3,199,280 2,758,000 Percentage x a
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 89PSB
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Transcribed Image Text:Current Attempt in Progress
Using these data from the comparative balance sheets of Oriole Company, perform horizontal analysis.
Accounts receivable (net)
Inventory
Total assets
December 31, 2022 December 31, 2021
$525,980
$442,000
689,440
556,000
3,199,280
2,758,000
(Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).)
Increase or (Decrease)
December
31, 2022
December
31, 2021
Amount
Accounts receivable
$525,980
$442,000
Inventory
689,440
556,000
Total assets
3,199,280
2,758,000
Percentage
x
a
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