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Illustrate horizontal and vertical analysis

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Question - Below is the partial balance sheet for Gabi Gold Limited:

December 31, 2021 December 31, 2020

Accounts Receivable $ 110,000 $ 140,000

Inventory 80,000 95,000

Total assets 335,000 376,000

Instructions - Using the items from the comparative balance sheet of Gabi Gold Limited, illustrate horizontal and vertical analysis. Discuss the results of each type of analysis.

Reference no: EM132627154

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