Question: Using the following selected items from the comparative balance sheet of Oriole Company, illustrate horizontal (using 2020 as the base year) and vertical analysis.

Company, illustrate horizontal (using 2020 as the base year) and vertical analysis.

Using the following selected items from the comparative balance sheet of Oriole Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2021 % % December 31, 2020 % % VERTICAL ANALYSIS December 31, 2021 December 31, 2020 % % % % % % % % Current Attempt in Progress Using the following selected items from the comparative balance sheet of Oriole Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Accounts Receivable $761,100 $677,600 Inventory 464,400 405,350 % % % Total Assets 3,225,000 3,025,000 % % U

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