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Question 22 (8 points) The management team of Blades Inc. would like to learn more...

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Question 22 (8 points) The management team of Blades Inc. would like to learn more about the changes from year to year. Select financial information from their Statement of Financial Position is given below. 2020 2019 2018 Assets Cash Accounts Receivable Supplies $94,000 $92,000 $90,000 24,000 30,000 32,000 6,500 6,000 5,400 Liabilities Current liabilities 7,100 8,400 6,000 Required: 1. Using Horizontal Analysis, complete the table below to calculate the percentage of the base-year amount for the Statement of Financial Position data provided above. Use 2018 as the base year. Round to one decimal place. (6 marks) 2. Should the management of the company have any concerns about the trends calculated below? Why? (2 marks) Paragraph UAJ III AO 11 oa + RA 2. Should the management of the company have any concerns about the trends calculated below? Why? (2 marks) Paragraph v UA = INI! blood . + 1. 2020 2019 2018 Assets Cash Accounts Receivable Supplies Liabilities Current liabilities 2

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