Question: 2. Prepare a horizontal analysis for Year 2 using Year 1 as the base year. (Note: If the percentage increase or decrease cannot be calculated,
2. Prepare a horizontal analysis for Year 2 using Year 1 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) COMPANY A Balance Shoot December 31 Year Year 2 Increase (Decrease Amount Year 1 Assets Cash Accounts receivable Inventory Buildings Loss: Accumulated depreciation To sets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 2.220,000 $1,000,000 1,530,000 1,200,000 3,675,000 1.760,000 9,525,000 9,525,000 (1.950.000) (975,000) S 15.000.000 $ 12,500,000 $1,500,000 $1,200,000 990,000 6,900.000 5.900.000 5,650,000 4,400.000 $ 15,000,000 $12.500.000
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