December 31, 2023 December 31, 2022 Accounts Receivable $698,796 $ 620,600 Inventory 422,124 348,000 Total Assets 3,088,500 2,900,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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 illustrate the horizontal and vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.)

December 31, 2023
December 31, 2022
Accounts Receivable
$ 698,796
$ 620,600
Inventory
422,124
348,000
Total Assets
3,088,500
2,900,000
Transcribed Image Text:December 31, 2023 December 31, 2022 Accounts Receivable $ 698,796 $ 620,600 Inventory 422,124 348,000 Total Assets 3,088,500 2,900,000
HORIZONTAL ANALYSIS
VERTICAL ANALYSIS
December 31, 2023
December 31, 2022
December 31, 2023
December 31, 2022
%
%
%
%
%
%
%
%
%
Transcribed Image Text:HORIZONTAL ANALYSIS VERTICAL ANALYSIS December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022 % % % % % % % % %
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