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 Inventory Total Assets 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). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ 500000 = 6.0 % %

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.4C
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O
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
Inventory
Total Assets
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).
400,000
650,000
2,800,000
Accounts Receivable
30000
÷
•1•
500000
6.0
%
olo
%
010
Transcribed Image Text:O 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 Inventory Total Assets 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). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ •1• 500000 6.0 % olo % 010
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