Question: Using these data from the comparative balance sheet of Carla Vista Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers

Using these data from the comparative balance sheet of Carla Vista Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.)

Increase or (Decrease)

Dec. 31, 2020

Dec. 31, 2019

Amount

Percentage

Accounts receivable

$466,170 $379,000

$enter a dollar amount

enter percentages rounded to 0 decimal places

%

Inventory

803,840 628,000

$enter a dollar amount

enter percentages rounded to 0 decimal places

%

Total assets

3,324,860 2,794,000

$enter a dollar amount

enter percentages rounded to 0 decimal places

%

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