Using horizontal analysis, compute the percentage increase or decrease for Stevens Co. for each current asset and for current assets in total.
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Increase or (Decrease)
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Current Assets
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2016
|
2014
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Amount
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Percentage
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Cash
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$ 50,000
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$ 40,000
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|
|
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Receivables (net)
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54,000
|
72,000
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Inventory
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90,000
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100,000
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|
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Prepaid expenses
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42,000
|
35,000
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|
|
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Total
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$236.000
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$247.000
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