Question: Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus
Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.): Cash Accounts receivable Inventory Long-term assets Total assets 2021 2020 $ 550,000 $ 220,000 990,000 700,000 740,000 560,000 1,800,000 2,100,000 $4,000,000 $3,500,000 Increase (Decrease) Amount % Cash Accounts receivable Inventory Long-term assets Total assets
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