Brief Exercise 13-4

Using these data from the comparative balance sheet of Cullumber 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%.)

	Dec. 31 2017	Dec. 31 2016	Amount	Percentage
Acct. Receivable	445,440	384,000
Inventory	741,730	613,000
Total Assets	3,098,520	2,718,000