i need the answer quickly [The following information applies to the questions displayed below.)CashCurrent Year$ 8,400Prior Year$ 9,600Accounts receivable56,00020,400Equipment, net48,00043,200LandTotal assets93,50068,000$ 205,900$ 141,200QS 17-5 (Algo) Horizontal analysis LO P1Compute the annual dollar changes and percent changes for each of the following items.Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.Horizontal Analysis - Calculation of Percent ChangeNumerator:Percent change=Current year amount minus base year amountCurrent YearCash$Accounts receivableEquipment, netLandTotal assets$Denominator:Base year amountPrior YearDollar Change8,400 $9,60056,00020,40048,00043,20093,50068,000205,900 $141,200Percent Change%%%%%

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Description: i need the answer quickly [The following information applies to the questions displayed below.)CashCurrent Year$ 8,400Prior Year$ 9,600Accounts receivable56,00020,400Equipment, net48,00043,200LandTotal assets93,50068,000$ 205,900$ 141,200QS 17-5 (Alg

Lets understand the basics.Statement of financial statement can be analyse using horizontal analysis…

Business

Accounting

[The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Prior Year $9,600 20,400 43,200 68,000 $ 141,200

[The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Prior Year $9,600 20,400 43,200 68,000 $ 141,200

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.1.1MBA

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