Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).) Accounts receivable (net) Inventory Total assets December 31, 2025 $464,100 $787,200 $3,287,700 December 31, 2024 $390,000 $ $640,000 $ $2,810,000 $ Amount Increase or (Decrease) Percent % % %

Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).) Accounts receivable (net) Inventory Total assets December 31, 2025 $464,100 $787,200 $3,287,700 December 31, 2024 $390,000 $ $640,000 $ $2,810,000 $ Amount Increase or (Decrease) Percent % % %

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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