Using the following data from the comparative statements of financial position of Dotte NV, illustrate horizontal analysis.
Question:
____________________ December 31, 2017 _______ December 31, 2016
Inventory ...................... € 840,000 .......................... € 500,000
Accounts receivable ......... € 520,000 .......................... € 350,000
Total assets ................... €2,500,000 ........................ €3,000,000
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Horizontal analysis Increase or Decrease Dec 31 2017 Dec 31 ...View the full answer
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Related Book For 
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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