Cash and accounts receivable for Adams Company are as follows: Prior Current Year Year Cash $41,208 $30,300 Accounts receivable (net) 26,313 53,700 What are the amounts and percentages of increase or decrease that would be shown with horizontal analysis? Account Dollar Change Percent Change Cash Accounts Receivable

The numerator in calculating the accounts receivable turnover is   a. average accounts receivable   b. accounts receivable at year-end   c. sales   d. total assets

Statement of cash flow for the following: The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:   1   Dec. 31, 20Y2 Dec. 31, 20Y1 2 Assets     3 Cash $918,000.00 $964,800.00 4 Accounts receivable (net)   828,900.00 761,940.00 5 Inventories 1,268,460.00 1,162,980.00 6 Prepaid expenses 29,340.00 35,100.00 7 Land 315,900.00 479,700.00 8 Buildings 1,462,500.00 900,900.00 9 Accumulated depreciation-buildings (408,600.00) (382,320.00) 10 Equipment 512,280.00 454,680.00 11 Accumulated depreciation-equipment (141,300.00) (158,760.00) 12 Total assets $4,785,480.00 $4,219,020.00 13 Liabilities and Stockholders’ Equity     14 Accounts payable (merchandise creditors) $922,500.00 $958,320.00 15 Bonds payable 270,000.00 0.00 16 Common stock, $25 par  317,000.00 117,000.00 17 Paid-in capital in…

Hello In calculating average accounts receivable net from financials, would I include: (current year and previous year) trade receivables, royalty advances, prepayments & accrued income, receivables from other parties, then divide by 2? Or would I go the other route to calculate average accounts receivable net and include: those receivables(current yr & prior yr) in the ageing of receivables group, add together and divide by 2? Thanks