Question: Using Horizontal Analysis calculate the percent increase or decrease for each of the following financial statement items: Year 2 Year 1 Cash................................... $37,500 $30,000 Accounts

Using Horizontal Analysis calculate the percent increase or decrease for each of the following financial statement items: Year 2 Year 1

Cash................................... $37,500 $30,000

Accounts Recivable............ 63,000 52,500

Iventory............................... 67,500 90,000

Accounts payable................ 35,100 27,000

Sales.................................... 187,500 150,000

Equipment........................... 165,000 125,000

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