Perform a horizontal analysis on the following information providing both the dollar amount and percentage...
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Accounting
Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease in amount should be indicated by a minus sign. Round your percentages to 1 decimal place.): Cash Accounts receivable Inventory Long-term assets Total assets 2021 $ 700,000 940,000 740,000 2,000,000 $4,380,000 2020 $ 150,000 750,000 550,000 2,400,000 $3,850,000 Increase (Decrease) Amount Cash Accounts receivable Inventory Long-term assets Total assets
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