Question: Please answer question #37, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Using these data from the comparative balance sheet of Blossom Company, perform
Using these data from the comparative balance sheet of Blossom Company, 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 decimal places, eg, 12%) Increase or (Decrease) Percentage Dec 31, 2022 Dec 31, 2021 Amount Accounts receivable $ 345,000 $300,000 $ % Inventory $649,000 $ 550,000 $ % Total assets $3.024.000 $2,700,000 %6
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