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 % % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text: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
%
%
%
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