Question: The following comparative current asset information has been extracted from a balance sheet for two successive years. Complete a horizontal analysis for Years 0007 to 0008, and a vertical common-sized analysis for Year 0008. Show the increase (+) or decrease (-) in dollars and the percentage of changes in the horizontal analysis.
![1108_CXA.png](https://secure.tutorsglobe.com/CMSImages/1108_CXA.png)