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 do % % %
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 do % % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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