Question: make a horizontal analysis by using 2017 as the base year for : 1. cash sale 2. credit sale 4. opening inventory 5.purchase 6. closing

make a horizontal analysis by using 2017 as the base year for :

1. cash sale

2. credit sale

4. opening inventory

5.purchase

6. closing invemtory make a horizontal analysis by using 2017 as the base year

Income Statement for the year ended 31 December 2017 2018 (RM) (RM) 1,970 2,500 Cash Sales 650 1,000 Credit Sales 2,620 3,500 Net sales Cost of goods sold 450 1,000 Opening inventory 1,360 1,200 Purchase (1000) (310) Closing Inventory 1,810 1.610 Gross Profit

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