Perform a horizontal analysis on the following information providing both the dollar amount and percentage change...

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Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease answers should be indicated by a minus sign. Round your percentages to 1 decimal place.): 2018 690,000 $ 960,000 720,000 1,900,000 2017 Cash $ 180,000 750,000 500,000 2,100,000 Accounts receivable Inventory Long-term assets Total assets $ 4,270,000 $ 3,530,000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease answers should be indicated by a minus sign. Round your percentages to 1 decimal place.): 2018 690,000 $ 960,000 720,000 1,900,000 2017 Cash $ 180,000 750,000 500,000 2,100,000 Accounts receivable Inventory Long-term assets Total assets $ 4,270,000 $ 3,530,000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets

Answer rating: 100% (QA)

HORIZENTAL ANALYSIS FOR THE YEAR 2017 2018 2018 2017 Increa... View the full answer