Question: Using these data from the comparative balance sheets of Swifty Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31,
Using these data from the comparative balance sheets of Swifty Company, perform horizontal analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $538,750 $431,000 835,900 643,000 3,364,050 2,735,000 (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) December 31, 2022 December 31, 2021 Amount Accounts receivable $538,750 $431,000 Inventory 835,900 643,000 Total assets 3,364,050 2,735,000 Increase or (Decrease) Percentage % %6
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