Perform a horizontal analysis on the following information providing both the dollar amount and percentage change (Decrease inamount should be indicated by a minus sign. Round your percentages to 1 decimal place.):20212020$ 680,000$ 190,000720, 000590, 0002,300, 000$4,150,000 $3,800, 000CashAccounts receivable950,000Inventory720,0001,800,000Long-term assetsTotal assetsIncrease (Decrease)Amount%Cash38.6Accounts receivableInventoryLong-term assetsTotal assets

Horizontal analysis is prepared to calculate the variance from previous year by showing…

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.): 2021 2020 $ 680,000 $ 190,000 Cash Accounts receivable Inventory Long-term assets 950,000 720,000 1,800,000 720, 000 590, 000 2,300,000 Total assets $4,150,000 $3,800,000 Increase (Decrease) Amount Cash Accounts receivable Inventory Long-term assets 38.6 Total assets

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.): 2021 2020 $ 680,000 $ 190,000 Cash Accounts receivable Inventory Long-term assets 950,000 720,000 1,800,000 720, 000 590, 000 2,300,000 Total assets $4,150,000 $3,800,000 Increase (Decrease) Amount Cash Accounts receivable Inventory Long-term assets 38.6 Total assets

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter4: Exchange Rate Determination

Section: Chapter Questions

Problem 1BIC

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Perform a horizontal analysis providing both the amount and percentage change. (Round your Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.) Year 2021 2020 Cash $ 420,000 $ 1,050,000 Accounts receivable 660,000 300,000 Inventory 1,020,000 925,000 Long-term assets 3,900,000 2,725,000 Total assets $ 6,000,000 $ 5,000,000
Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Accounts receivable $ 608,400 $ 520,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal places. % Inventory $ 931,700 $ 770,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal points. % Total assets $3,381,000 $2,940,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal points. %
Using these data from the comparative balance sheet of Ivanhoe Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Accounts receivable $ 487,200 $ 420,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal places. % Inventory $ 804,000 $ 670,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal points. % Total assets $3,237,600 $2,840,000 $Enter increase or decrease amount in dollars. Enter increase or decrease in percentages rounded to 0 decimal points. %
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