Using these data from the comparative balance sheets of Crane Company, perform horizontal analysis December 31, 2022 $385,000 632.500 2.916,000 Accounts receivable (net) Inventory Total assets Accounts receivable Inventory (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Increase or (Decrease) Total assets December 31, 2022 $385.000 632.500 2.916.000 December 31, 2021 $350,000 550.000 December 31, 2021 $350,000 2.700.000 550,000 2.700.000 Amount Percentage
Using these data from the comparative balance sheets of Crane Company, perform horizontal analysis December 31, 2022 $385,000 632.500 2.916,000 Accounts receivable (net) Inventory Total assets Accounts receivable Inventory (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Increase or (Decrease) Total assets December 31, 2022 $385.000 632.500 2.916.000 December 31, 2021 $350,000 550.000 December 31, 2021 $350,000 2.700.000 550,000 2.700.000 Amount Percentage
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 48CE
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