Question: Brief Exercise 13-04 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show

Brief Exercise 13-04 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show 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, Amount Percentage 2021 Accounts $ 353,400 $ 310,000 % receivable $ 666,400 $ 560,000 Inventory $3,062,300 $2,710,000 Total assets Click if you would like to Show Work for this question: Open Show Work %24 %24 %24
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
