Question: Brief Exercise 13-4 Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (Ifamount and percentage are a decrease show the

Brief Exercise 13-4 Using these data from the comparative balance sheet

Brief Exercise 13-4 Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (Ifamount 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, 2019 Dec. 31, 2018 Amount Percentage $410,000 s 617,000s 2,701,000 s Accounts receivable $479,700 752,740 3,052,130 Inventory Total assets

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