Question: Brief Exercise 13-04 Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are the numbers as
Brief Exercise 13-04 Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2022 Dec. 31, 2021 Amount Accounts receivable $ 391,000 $340,000 Inventory $ 696,200 $590,000 $3,091,200 $2,760,000 Percentage % % % Total assets Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used
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