QS 17-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for...

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QS 17-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Short-term investments Accounts receivable Notes payable Current Year $ 375,686 98,998 0 Prior Year $234,966 102,322 89,147 Horizontal Analysis Calculation of Percent Change Numerator: Denominator: Percent Change Current Year. Prior Year Dollar Change Percent Change Short-term investments $ 375,686 $ 234,966 Accounts receivable 98,998 102,322 Notes payable 0 89,147 QS 17-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities- $ 20,100 8,500 13,400 24,000 6,800 28,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Numerator: Current Ratio Denominator: Current Ratio Current ratio to 1 QS 17-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities. $ 20,100 8,500 13,400 24,000 6,800 28,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the acid-test ratio. Numerator: + Acid-Test Ratio Denominator Acid-Test Ratio Acid-test ratio to 1 QS 17-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Short-term investments Accounts receivable Notes payable Current Year $ 375,686 98,998 0 Prior Year $234,966 102,322 89,147 Horizontal Analysis Calculation of Percent Change Numerator: Denominator: Percent Change Current Year. Prior Year Dollar Change Percent Change Short-term investments $ 375,686 $ 234,966 Accounts receivable 98,998 102,322 Notes payable 0 89,147 QS 17-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities- $ 20,100 8,500 13,400 24,000 6,800 28,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Numerator: Current Ratio Denominator: Current Ratio Current ratio to 1 QS 17-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities. $ 20,100 8,500 13,400 24,000 6,800 28,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the acid-test ratio. Numerator: + Acid-Test Ratio Denominator Acid-Test Ratio Acid-test ratio to 1