DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable nventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: 400,000 650,000 2,800,000 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 30000 + 500000 6.0 %
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable nventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: 400,000 650,000 2,800,000 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 30000 + 500000 6.0 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![12:22 AM
Accounts Receivable
Inventory
Total Assets
edia.phoenix.edu
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal
analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance.
Ö
Dec. 31, 2022 Dec. 31, 2021
460,000
780,000
3,164,000
Example:
NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point
for the answer, as seen in the example below. The text box will highlight red if incorrect after
clicking the Submit button (bottom right corner).
Accounts Receivable
400,000
650,000
2,800,000
←
30000
+ 0
★
=
500000 =
X
6 :
=
6.0
%
%
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F33401323-4396-4bcb-b646-471b622b4782%2F89c48a24-039b-487e-8744-987c40bc841a%2Foaufu59_processed.png&w=3840&q=75)
Transcribed Image Text:12:22 AM
Accounts Receivable
Inventory
Total Assets
edia.phoenix.edu
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal
analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance.
Ö
Dec. 31, 2022 Dec. 31, 2021
460,000
780,000
3,164,000
Example:
NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point
for the answer, as seen in the example below. The text box will highlight red if incorrect after
clicking the Submit button (bottom right corner).
Accounts Receivable
400,000
650,000
2,800,000
←
30000
+ 0
★
=
500000 =
X
6 :
=
6.0
%
%
+
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