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ble Year 2022 $300,000 500,000 2021 $800,000 200,000 Increase Amo ($500,0 300,0

ble Year 2022 $300,000 500,000 2021 $800,000 200,000 Increase Amo ($500,0 300,0

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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)
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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