Brief Exercise 12-2 Prepare horizontal analysis (LO12-2)

Perform a horizontal analysis providing both the amount and percentage change

Brief Exercise 12-2 Prepare horizontal analysis (LO12-2) Perform a horizontal analysis providing both the amount and percentage change. (R Year 2017 2018 Cash 275,760 720,000 Accounts receivable 299,040 120,000 Inventory 703,700 620,000 Long-term assets 3,263,400 2,220,000 Total assets 4,541,900 3,680,000 Increase (Decrease) Amount Cash 444,240 Accounts receivable 179,040 Inventory 83,700 1.043.400 Long-term assets Total assets