Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, e.g. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 11.4 % -13.7 % -3.4 % 2019

Cornerstones of Financial Accounting
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ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
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Selected data from the comparative statements of financial position of Page Ltd. are shown below:
Cash
Accounts receivable
Inventory
Property, plant, and equipment
Intangible assets
Total assets
2021
$149,000
598,000
779,000
3,159,000
89,000
$4,774,000
2020
$173,000
398,000
606,000
2,773,000
100,000
2019
$74,000
449,000
702,000
2,870,000
0
$4,050,000 $4,095,000
Transcribed Image Text:Selected data from the comparative statements of financial position of Page Ltd. are shown below: Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets Total assets 2021 $149,000 598,000 779,000 3,159,000 89,000 $4,774,000 2020 $173,000 398,000 606,000 2,773,000 100,000 2019 $74,000 449,000 702,000 2,870,000 0 $4,050,000 $4,095,000
Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1
decimal place, eg. 5.2%)
Cash
Accounts receivable
nventory
Property, plant, and equipment
2021
%
33.2 %
11 %
10.1
%
2020
133.8 %
114 %
-13.7 %
-34 %
2019
Transcribed Image Text:Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2019 is the base year. (Round answers to 1 decimal place, eg. 5.2%) Cash Accounts receivable nventory Property, plant, and equipment 2021 % 33.2 % 11 % 10.1 % 2020 133.8 % 114 % -13.7 % -34 % 2019
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