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Perform a vertical analysis on the following information:
|
|
|
2015 |
2014 |
|
Cash |
$ 500,000 |
$ 200,000 |
|
|
Accounts receivable |
|
900,000 |
800,000 |
|
Inventory |
|
700,000 |
500,000 |
|
Long-term assets |
|
2,200,000 |
2,500,000 |
|
Total assets |
|
$4,300,000 |
$4,000,000 |
|
|
|
|
|
124. Perform a horizontal analysis on the following information providing both the dollar amount and percentage change:
|
|
|
2015 |
2014 |
|
Cash |
$ 500,000 |
$ 200,000 |
|
|
Accounts receivable |
|
900,000 |
800,000 |
|
Inventory |
|
700,000 |
500,000 |
|
Long-term assets |
|
2,200,000 |
2,500,000 |
|
Total assets |
|
$4,300,000 |
$4,000,000 |
|
|
|
|
|
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