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In: Accounting

Using the following selected items from the comparative statements of financial position of Anders Company, illustrate...

Using the following selected items from the comparative statements of financial position of Anders Company, illustrate horizontal and vertical analysis.

                                                                       December 31, 2014               December 31, 2013

Inventory                                            $   1,053,000                             $   780,000

Accounts Receivable                                 900,000                                  600,000

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

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