What conclusions can you draw

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Reference no: EM133474154

Horizontal and Vertical Analysis

December 31, 2015 December 31, 2014
Accounts Receivable $960 000 $600 000
Inventory 920 000 750 000
Total Assets 4 000 000 3 000 000

Using the above data taken from the comparative balance sheet of Hargrove Corporation, complete a horizontal analysis comparing 2015 to the base year 2014.

Using the above data from the comparative balance sheet of Hargrove Corporation, complete a vertical analysis that will compare accounts receivable and inventory to total assets for each year.

What conclusions can you draw (are the trends favorable or unfavorable)?

Reference no: EM133474154

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