Question: Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a

Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)

Year
2024 2023
Cash $ 285,000 $750,000
Accounts receivable 374,250 150,000
Inventory 739,700 650,000
Long-term assets 3,314,250 2,250,000
Total assets $4,713,200 $3,800,000

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