Question: Current Attempt in Progress Using these data from the comparative balance sheet of Ivanhoe Company, perform horizontal analysis. (If amount and percentage are a decrease

Current Attempt in Progress Using these data from the comparative balance sheet of Ivanhoe 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, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $ 509,000 $ 423,000 $ % Inventory $830,000 $ 616,000 $ % Total assets $3,164,000 $2,748,000 $ %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
