Please do not give solution in image format thanku Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1decimal place, e.g. 5.2%.)CashAccounts receivableInventoryProperty, plant, and equipment2021%%%%2020%%%%2019 Selected data from the comparative statements of financial position of Roger Ltd. are shown below:CashAccounts receivableInventoryProperty, plant, and equipmentIntangible assetsTotal assets2021$150,000603,000772,0003,141,00088,000$4,754,0002020$174,000399,000605,0002,807,000100,000$4,085,0002019$76,000446,000693,0002,847,0000$4,062,000

Horizontal analysis is one of the types of analysis of financial statements wherein the items of…

Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, e.g. 5.2%.) Cash Accounts receivable. Inventory. Property, plant, and equipment, 2021 % % % % 2020 % % % % 2019

Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, e.g. 5.2%.) Cash Accounts receivable. Inventory. Property, plant, and equipment, 2021 % % % % 2020 % % % % 2019

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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