Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. $\begin{array}{lrr}&\text { December 31, } 2014&\text { December 31, } 2013\
\text { Accounts Receivable } & \$ 720,000 & \$ 630,000 \
\text { Inventory } & 450,000 & 360,000 \
\text { Total Assets } & 3,200,000 & 3,000,000
\end{array}$

Question

Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. $\begin{array}{lrr}&\text { December 31, } 2014&\text { December 31, } 2013\
 \text { Accounts Receivable } & \$ 720,000 & \$ 630,000 \
\text { Inventory } & 450,000 & 360,000 \
\text { Total Assets } & 3,200,000 & 3,000,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. $\begin{array}{lrr}&\text { December 31, } 2014&\text { December 31, } 2013\
 \text { Accounts Receivable } & \$ 720,000 & \$ 630,000 \
\text { Inventory } & 450,000 & 360,000 \
\text { Total Assets } & 3,200,000 & 3,000,000
\end{array}$

Using the Following Selected Items from the Comparative Balance Sheet