Question: Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, c.g. -55,000, -20% or (55,000). (20%). Round percentages to decimal places, eg. 12%) Increase or (Decrease) Percentage Dec 31, 2017 Dec 31, 2016 Amount Accounts receivable $ 572,000 $ 439,000 $ Inventory $ 757,000 $ 641,000 % Total assets $3.199,000 $2,700.000 $
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