IE QS 13-5 (Static): Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. Current Year $ 7,440 54,000 Prior Year $ 8,000 18,000 44,000 40,000 91,680 66,000 $ 197,120 $ 132,000 Cash Accounts receivable Equipment, net Land Total assets

IE QS 13-5 (Static): Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. Current Year $ 7,440 54,000 Prior Year $ 8,000 18,000 44,000 40,000 91,680 66,000 $ 197,120 $ 132,000 Cash Accounts receivable Equipment, net Land Total assets

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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Question

IE QS 13-5 (Static): Horizontal analysis LO P1
Compute the annual dollar changes and percent changes for each of the following items.
Current Year
$ 7,440
54,000
Prior Year
$ 8,000
18,000
44,000
40,000
91,680
66,000
$ 197,120
$ 132,000
Cash
Accounts receivable
Equipment, net
Land
Total assets
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