Horizontal and Vertical Analysis Accounts Receivable Inventory Total Assets December 31, 2015 $960 000 920 000...
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Horizontal and Vertical Analysis Accounts Receivable Inventory Total Assets December 31, 2015 $960 000 920 000 4 000 000 December 31, 2014 $600 000 750 000 3 000 000 Using the above data taken from the comparative balance sheet of Hargrove Corporation, complete a horizontal analysis comparing 2015 to the base year 2014. Using the above data from the comparative balance sheet of Hargrove Corporation, complete a vertical analysis that will compare accounts receivable and inventory to total assets for each year. What conclusions can you draw (are the trends favorable or unfavorable)? Horizontal and Vertical Analysis Accounts Receivable Inventory Total Assets December 31, 2015 $960 000 920 000 4 000 000 December 31, 2014 $600 000 750 000 3 000 000 Using the above data taken from the comparative balance sheet of Hargrove Corporation, complete a horizontal analysis comparing 2015 to the base year 2014. Using the above data from the comparative balance sheet of Hargrove Corporation, complete a vertical analysis that will compare accounts receivable and inventory to total assets for each year. What conclusions can you draw (are the trends favorable or unfavorable)?
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Horizontal Analysis Accounts Receivable Increase from 2014 to 2015 960000 600000 360000 Percentage i... View the full answer
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date:
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