Using horizontal analysis compute the percentage increase

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Using horizontal analysis, compute the percentage increase or decrease for Stevens Co. for each current asset and for current assets in total.

 


 


 


Increase or (Decrease)

Current Assets

2016

2014

Amount

Percentage

Cash

$ 50,000

$ 40,000

 


 


Receivables (net)

54,000

72,000

 


 


Inventory

90,000

100,000

 


 


Prepaid expenses

42,000

35,000

 


 


Total

$236.000

$247.000

 


Reference no: EM13568935

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