Perform a horizontal analysis on the following information providing both the dollar amount and percentage change: $$\begin{array} { l r r | }
\hline \text { Cash } & { \frac { \mathbf { 2 0 1 3 } } { 500,000 } } & \stackrel { \underline { \mathbf { 2 0 1 2 } } } { 200,000 } \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2,200,000 & 2,500,000 \
\text { Total assets } & \$ 4,300,000 & \$ 4,000,000 \
\hline
\end{array}$$

Question

Perform a horizontal analysis on the following information providing both the dollar amount and percentage change: $$\begin{array} { l r r | } 
\hline \text { Cash } &  { \frac { \mathbf { 2 0 1 3 } } { 500,000 } } & \stackrel { \underline { \mathbf { 2 0 1 2 } } } { 200,000 } \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2,200,000 & 2,500,000 \
\text { Total assets } & \$ 4,300,000 & \$ 4,000,000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Perform a horizontal analysis on the following information providing both the dollar amount and percentage change: $$\begin{array} { l r r | } 
\hline \text { Cash } &  { \frac { \mathbf { 2 0 1 3 } } { 500,000 } } & \stackrel { \underline { \mathbf { 2 0 1 2 } } } { 200,000 } \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2,200,000 & 2,500,000 \
\text { Total assets } & \$ 4,300,000 & \$ 4,000,000 \
\hline
\end{array}$$

Perform a Horizontal Analysis on the Following Information Providing Both