Question: At the end of 2012 a company has a balance

At the end of 2012, a company has a balance of $1,755,000 in cash and cash equivalents. At the beginning of the year, the company had a $1,560,000 balance.
Required
Perform a horizontal analysis of cash and briefly explain the result. Round percentages to one decimal point (i.e., 12.8%).

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  • CreatedJuly 16, 2015
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