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Home Q & A Board Other Fields Homework Help Business Accounting
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Chocolate_Pie Chocolate_Pie
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A year ago
Utica Corporation reported the following financial information:

​​202020212022
Cash$  30,000$  54,000$  10,000
Inventory  80,000  88,000  94,000
Sales640,000580,000460,000

Required:

a.If you prepared a horizontal analysis for inventory, what dollar change will be shown
for 2022?
b.If you prepared a horizontal analysis for sales, what percentage change will be shown
for 2022?
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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wellsarwellsar
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A year ago
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Chocolate_Pie Author
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A year ago
Helped a lot
annielin111
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Yesterday
You make an excellent tutor!
Gamiung3657
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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