(Answered) Using horizontal analysis compute the percentage increase

Finance

Using horizontal analysis, compute the percentage increase or decrease for Stevens Co. for each current asset and for current assets in total.

			Increase or (Decrease)
Current Assets	2016	2014	Amount	Percentage
Cash	$ 50,000	$ 40,000
Receivables (net)	54,000	72,000
Inventory	90,000	100,000
Prepaid expenses	42,000	35,000
Total	$236.000	$247.000

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