Question: Using the following selected items from the comparative balance sheet of Anders Company, illustrate horizontal and vertical analysis. December 31, 2016 Accounts Receivable: $900,000 Inventory:

Using the following selected items from the comparative balance sheet of Anders Company, illustrate horizontal and vertical analysis.

December 31, 2016

Accounts Receivable: $900,000

Inventory: 975,000

Total Assets: 4,000,000

December 31, 2015

Accounts Receivable: $600,000

Inventory: 750,000

Total Assets: 2,500,000

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