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Determine and perform horizontal analysis

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Question 1: Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.)

December 31,2017. December 31,2016. Amount percentage

Accounts receivable $ 450,800 $ 392,000$

Inventory. $ 684,250 $ 575,000$

Total assets $3,046,950 $2,745,000$

Reference no: EM132489357

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