Question: Compute the annual dollar changes and percent changes for each of the following items. (Decreases should be entered with a minus sign.) Cash Accounts receivable

 Compute the annual dollar changes and percent changes for each of

Compute the annual dollar changes and percent changes for each of the following items. (Decreases should be entered with a minus sign.) Cash Accounts receivable Equipment, net Land Current Year $ 7,580 55,050 45,400 92,520 $200,550 Prior Year $ 8,280 18,700 41,050 66,350 $134,380 Total assets Horizontal Analysis - Calculation of Percent Change Choose Numerator: 1 Choose Denominator: Percent change = Current year minus base year Base year amount Dollar Change Current Year Prior Year Percent Change Cash $ 7,580 $ 8,280 % Accounts receivable 55,050 18,700 % Equipment, net 45,400 % 41,050 66,350 Land 92,520 % Total assets $ 200,550 $ 134,380 %

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