Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullu

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Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2017 Dec. 31,2016 439,000 757,000 641,000 $2,700,000 Amount Accounts receivable Inventory Total assets $572,000 $3,199,000 Click if you would like to Show Work for this questioni Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANSWER

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Dec-31-17 Dec-31-16 Amount Percentage Accounts Receivable 572000 439000 133000 30% Inventory 757000 641000 116000 18% Total assets 3199000 2700000 499000 18%

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