Cash Accounts receivable Equipment, net Land Total assets Current Year Prior Year $ 10,200 $ 13,000 60,000 25,200 56,000 49,600 97,500 72,000 $ 223,700 $ 159,800 Compute 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. Percent change= Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Cash $ 10,200 $ 13,000 Accounts receivable 60,000 25,200 Equipment, net 56,000 49,600 Land Total assets 97,500 72,000 $ 223,700 $ 159,800 Percent Change % % % % %

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.1MBA
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Cash
Accounts receivable
Equipment, net
Land
Total assets
Current Year
Prior Year
$ 10,200
$ 13,000
60,000
25,200
56,000
49,600
97,500
72,000
$ 223,700
$ 159,800
Compute 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.
Percent change=
Horizontal Analysis - Calculation of Percent Change
Numerator:
Denominator:
Current Year
Prior Year
Dollar Change
Cash
$
10,200 $
13,000
Accounts receivable
60,000
25,200
Equipment, net
56,000
49,600
Land
Total assets
97,500
72,000
$
223,700 $ 159,800
Percent Change
%
%
%
%
%
Transcribed Image Text:Cash Accounts receivable Equipment, net Land Total assets Current Year Prior Year $ 10,200 $ 13,000 60,000 25,200 56,000 49,600 97,500 72,000 $ 223,700 $ 159,800 Compute 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. Percent change= Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Cash $ 10,200 $ 13,000 Accounts receivable 60,000 25,200 Equipment, net 56,000 49,600 Land Total assets 97,500 72,000 $ 223,700 $ 159,800 Percent Change % % % % %
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