Illustrate horizontal and vertical analysis, Accounting Basics

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Illustrate horizontal and vertical analysis

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

December 31, 2009 December 31, 2008

Accounts Receivable $ 900,000 $ 600,000

Inventory 975,000 750,000

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

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Accounting Basics: Illustrate horizontal and vertical analysis

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Accounting Basics: Illustrate horizontal and vertical analysis

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