Question: Brief Exercise 18-04 Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. Accounts receivable Inventory Total assets December 31, 2020
Brief Exercise 18-04 Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. Accounts receivable Inventory Total assets December 31, 2020 $504,000 814,200 2,946,400 December 31, 2019 $400,000 590,000 2,540,000 (Enter negative amounts using either a negative sig es e Increase or (Decrease) Amount December 31, 2020 $504,000 814,200 2,946,400 December 31, 2019 Percentage Accounts receivable $400,000 Inventory 590,000 Total assets 2,540,000
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