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Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.) 2021 2$4 Cash Accounts receivable Inventory Long-term assets 560. 000 1, 000, 000 750, 000 1,900, 000 $ 4,210, 000 2020 $150.000 790. 000 570.000 2.200.000 Total assets $3.710, 000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets

Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.) 2021 2$4 Cash Accounts receivable Inventory Long-term assets 560. 000 1, 000, 000 750, 000 1,900, 000 $ 4,210, 000 2020 $150.000 790. 000 570.000 2.200.000 Total assets $3.710, 000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets

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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38 Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.) 2021 $4 Cash Accounts receivable Inventory Long-term assets 560, 000 1,000, 000 750, 000 1.900.000 2020 $150.000 790.000 570.000 2, 200. 000 01:56:11 Total assets $ 4, 210, 000 $3.710,000 Increase (Decrease) Amount Cash Accounts receivable Inventory Long-term assets Total assets
Transcribed Image Text:38 Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.) 2021 $4 Cash Accounts receivable Inventory Long-term assets 560, 000 1,000, 000 750, 000 1.900.000 2020 $150.000 790.000 570.000 2, 200. 000 01:56:11 Total assets $ 4, 210, 000 $3.710,000 Increase (Decrease) Amount Cash Accounts receivable Inventory Long-term assets Total assets
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