Question: Question 2 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. If amount and percentage are a decrease show the
Question 2 Using these data from the comparative balance sheet of Cullumber 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 O decimal places, eg 12%) Increase or (Decrease Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $ 529,000 380,000 s Inventory Total assets 807,000 $585,000 $ 1% $3,155,000 $2.850,000 s e Textbook and Media
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