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Using the following selected items from the comparative balance sheet of Ames Company, illustrate horizontal and vertical analysis.

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Using the following selected items from the
comparative balance sheet of Ames Company, illustrate horizontal and vertical
analysis.

December
31, 2015
December 31, 2014

Accounts Receivable $ 960,000 $ 600,000

Inventory 975,000 780,000

Total Assets 4,000,000 2,500,000


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