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

Using these data from the comparative balance sheet of Oriole Company, 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, 2022 Dec. 31, 2021 Amount Percentage Accounts receivable $ 503,100 $430,000 $ Inventory $ 822,800 $ 680,000 $ Total assets $3,277,500 $2,850,000 $
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
