The comparative balance sheet of keay company


Using the following selected items from the comparative balance sheet of Keay Company, perform horizontal and vertical analysis (The base amount is total assets).

December 31, 2012 December 31, 2011

Accounts Receivable $ 672,000 $ 600,000

Inventory 480,000 360,000

Total Assets 3,200,000 3,000,000

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: The comparative balance sheet of keay company
Reference No:- TGS0675416

Expected delivery within 24 Hours