Question: Please answer problem #2, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Using these data from the comparative balance sheet of Wildhorse Co., perform
Using these data from the comparative balance sheet of Wildhorse Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000). (20%). Round percentages to O decimal places, eg. 12%) Increase or (Decrease) Dec. 31, 2022 Dec 31, 2021 Amount Percentage Accounts receivable $ 448,400 $ 380,000 $ 96 % Inventory $ 768,600 $ 630,000 $ % % Total assets $3,248,000 $ 2,800,000 $ %6
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