Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).) Accounts receivable (net) Inventory Total assets December 31, 2025 $464,100 $787,200 $3,287,700 December 31, 2024 $390,000 $ $640,000 $ $2,810,000 $ Amount Increase or (Decrease) Percent % % %
Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).) Accounts receivable (net) Inventory Total assets December 31, 2025 $464,100 $787,200 $3,287,700 December 31, 2024 $390,000 $ $640,000 $ $2,810,000 $ Amount Increase or (Decrease) Percent % % %
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 6MCQ
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Question
![Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and
percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).)
Accounts receivable
(net)
Inventory
Total assets
December 31,
2025
$464,100
$787,200
$3,287,700
December 31,
2024
$390,000
$
$640,000 $
$2,810,000 $
Amount
Increase or (Decrease)
Percent
%
%
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4484009d-bb42-40c9-bf4f-42a9feda1717%2F720ad0ee-f26a-414b-8dad-d4268e95a613%2Fubw496f_processed.png&w=3840&q=75)
Transcribed Image Text:Using these data from the comparative balance sheets of Blossom Company, perform a horizontal analysis. (If amount and
percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%).)
Accounts receivable
(net)
Inventory
Total assets
December 31,
2025
$464,100
$787,200
$3,287,700
December 31,
2024
$390,000
$
$640,000 $
$2,810,000 $
Amount
Increase or (Decrease)
Percent
%
%
%
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