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percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to U decimal places, e.g. 12%.) Accounts receivable Inventory Total assets Dec. 31, 2017 $460,000 $780,000 $3,164,000 Dec. 31, 2016 $400,000 $ $ 650,000 $ $2,800,000 $ Amount Increase or (Decrease) Percentage % % %

percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to U decimal places, e.g. 12%.) Accounts receivable Inventory Total assets Dec. 31, 2017 $460,000 $780,000 $3,164,000 Dec. 31, 2016 $400,000 $ $ 650,000 $ $2,800,000 $ Amount Increase or (Decrease) Percentage % % %

FINANCIAL ACCOUNTING
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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Current Attempt in Progress Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) Accounts receivable Inventory Total assets Dec. 31, 2017 $ 460,000 $ 780,000 $3,164,000 Dec. 31, 2016 $400,000 $ $ 650,000 $ $2,800,000 $ Amount Increase or (Decrease) Percentage % % %
Transcribed Image Text:Current Attempt in Progress Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) Accounts receivable Inventory Total assets Dec. 31, 2017 $ 460,000 $ 780,000 $3,164,000 Dec. 31, 2016 $400,000 $ $ 650,000 $ $2,800,000 $ Amount Increase or (Decrease) Percentage % % %
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