Question: Perform a vertical analysis and Perform a horizontal analysis on the following information providing both the dollar amount and percentage change: 2018 2017 Cash $500,000

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

2018 2017

Cash $500,000 $200,000

Acc Rec 900,000 800,000

Inventory 700,000 500,000

Long-term assets 2,200,000 2,500,000

Total assets $4,300,000 $4,000,000

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