The comparative bafance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash...
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The comparative bafance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash $72,000 $50,400 Accounts receivable 38,400 24.000 Inventory 55,200 45,600 Total assets 720,000 696,000 Perform horizontal analysis for SandhillClothiers. (If omount and percentage ore a decrease show the numbers as negative, eg -55,000, -20% or (55,000), (20N). Round percentages to 1 decimal place, eg. 12.1%) Increase (Decrease) 2014 2013 Amount Percentage Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Perform horizontal analysis for SandhillClothiers. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20K). Round percentages to 1 decimal place, eg 12.1%) Increase (Decrease) 2014 2013 Amount Percentage Cash $72,000 $50,400 Accounts receivable 38,400 24,000 9% Inventory 55,200 45,600 Total assets 720,000 696.000 Perform vertical analysis forSandhillClothiers. (Round percentages to 1 decimal place, eg 12.1%) 2014 2013 Amount Percent Amount Percent Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Inventory 55,200 45,600 Total assets 720,000 696.000 The comparative bafance sheets of SandhillClothiers are as follows: December 31, 2014 December 31, 2013 Cash $72,000 $50,400 Accounts receivable 38,400 24.000 Inventory 55,200 45,600 Total assets 720,000 696,000 Perform horizontal analysis for SandhillClothiers. (If omount and percentage ore a decrease show the numbers as negative, eg -55,000, -20% or (55,000), (20N). Round percentages to 1 decimal place, eg. 12.1%) Increase (Decrease) 2014 2013 Amount Percentage Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Perform horizontal analysis for SandhillClothiers. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20K). Round percentages to 1 decimal place, eg 12.1%) Increase (Decrease) 2014 2013 Amount Percentage Cash $72,000 $50,400 Accounts receivable 38,400 24,000 9% Inventory 55,200 45,600 Total assets 720,000 696.000 Perform vertical analysis forSandhillClothiers. (Round percentages to 1 decimal place, eg 12.1%) 2014 2013 Amount Percent Amount Percent Cash $72,000 $50,400 Accounts receivable 38,400 24,000 Inventory 55,200 45,600 Total assets 720,000 696.000
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Horizontal analysis involces comparing accounts with respect ... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
Posted Date:
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