Question: Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus
Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
| Year | ||||
| 2018 | 2017 | |||
| Cash | $ | 311,640 | $ | 840,000 |
| Accounts receivable | 600,960 | 240,000 | ||
| Inventory | 848,780 | 740,000 | ||
| Long-term assets | 3,467,880 | 2,340,000 | ||
| Total assets | $ | 5,229,260 | $ | 4,160,000 |
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^ Calculate the perctanges for each amounts.?
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