FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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13

The following is an example of:
Cash
Accounts receivable
Inventory
Long-term assets
Total assets
Multiple Choice
Horizontal analysis.
2022
$300,000
500,000
800,000
3,400,000 2,300,000
$5,000,000 $4,000,000
Year
Diagonal analysis.
Both vertical and horizontal analysis.
Vertical analysis.
2021
Amount
$800,000 ($500,000) (62.5)
200,000
300,000 150.0
700,000
100,000 14.3
1,100,000
47.8
$1,000,000
25.0
Increase (Decrease)
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Transcribed Image Text:The following is an example of: Cash Accounts receivable Inventory Long-term assets Total assets Multiple Choice Horizontal analysis. 2022 $300,000 500,000 800,000 3,400,000 2,300,000 $5,000,000 $4,000,000 Year Diagonal analysis. Both vertical and horizontal analysis. Vertical analysis. 2021 Amount $800,000 ($500,000) (62.5) 200,000 300,000 150.0 700,000 100,000 14.3 1,100,000 47.8 $1,000,000 25.0 Increase (Decrease)
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