Question: Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to

Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis

Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.) Cash Accounts receivable 2024 $297,040 474,810 Year 2023 $790,000 Inventory 787,980 Long-term assets Total assets 3,382,330 190,000 690,000 2,290,000 $4,942,160 $3,960,000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets

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