Required information Use the following information for the Quick Studies below. (Algo) Skip...

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Accounting

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Use the following information for the Quick Studies below. (Algo)
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[The following information applies to the questions displayed below.]
Current Year Prior Year
Cash $ 11,500 $ 14,200
Accounts receivable 61,50027,000
Equipment, net 59,00052,000
Land 99,00073,500
Total assets $ 231,000 $ 166,700
QS 17-5(Algo) Horizontal analysis LO P1
Compute the annual dollar changes and percent changes for each of the following items.
Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.
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