- Exercise 12 4a Part 2 2 Prepare A Horizontal Analysis For 2022 Using 2021 As The Base Year Note If The Percentage In 1 (29.24 KiB) Viewed 66 times
- Exercise 12 4a Part 2 2 Prepare A Horizontal Analysis For 2022 Using 2021 As The Base Year Note If The Percentage In 2 (19.98 KiB) Viewed 66 times
Exercise 12-4A Part 2 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage Increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) BEDEBAR STORTS APPAREL Balance Shoot Decemberàl Increase (Decrease) Amount 2022 Assets Cash $ 2,310,000 $ 840,000 Accounts receivable 1,305,000 1,044,000 Inventory 4,005,000 2,136,000 Buildings 8,580,000 8,580,000 Less: Accumulated depreciation (1,200,000) (600,000) Total assets $ 15,000,000 $12,000,000 Liabilities and Stockholders' Equity 2021
Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,725,000 $1,380,000 1,230,000 4,920,000 4,920,000 7,125,000 5,700,000 $ 15,000,000 $ 12,000,000