Question: Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below] Cash Accounts receivable

Required information Use the following information for the Quick Studies below. (Algo)

Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below] Cash Accounts receivable Equipment, net Land Total assets Current Year $10,400 60,500 Prior Year $13,400 25,800 50,400 57,000 98.000 $ 225,900 72,500 $162,100 QS 17-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. (Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Denominator: Percent Change Horizontal Analysis-Calculation of Percent Change Numerator Percent change Currect Year Prior Year Dollar Change Cash $ 10,400 $ 13,400 Accounts receivable 60.500 25,800 Equipment, net 57,000 50,400 98,000 72.500 Land Total assets $ 225,900 $162,100 Check my work

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