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

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

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


Price: £ 45

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