Question Content Area Cash and accounts receivable for Adams Company are provided below: Current Year Prior Year Cash $76,835 $63,500 Accounts receivable (net) 48,794 78,700 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash $fill in the blank 1 fill in the blank 2 % Accounts Receivable $fill in the blank 4 fill in the blank 5 %
Question Content Area Cash and accounts receivable for Adams Company are provided below: Current Year Prior Year Cash $76,835 $63,500 Accounts receivable (net) 48,794 78,700 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash $fill in the blank 1 fill in the blank 2 % Accounts Receivable $fill in the blank 4 fill in the blank 5 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question Content Area
Cash and
| Current Year | Prior Year |
||
| Cash | $76,835 | $63,500 | |
| Accounts receivable (net) | 48,794 | 78,700 |
Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage.
| Account | Dollar Change | Percent Change | |
| Cash | $fill in the blank 1 | fill in the blank 2 % |
|
| Accounts Receivable | $fill in the blank 4 | fill in the blank 5 % |
|
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