The following information is provided for Techno-World, a company… The following

  

The following information is provided for Techno-World, a company… The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients. 1. perform a horizontal analysis of this balance sheet.2. Then identify any accounts that may be able. Take into account technology industry trends when performing the analysis.  2012201320142015Cash$1,000$1,200$1,400$1,500Accounts Receivable250375600900Inventory600700825975PP&E (net)1,5001,7001,8001,950Notes Receivable500500500500Total Assets$3,850$4,475$5,125$5,825Accounts Payable$700$900$1,000$1,100Other Current Liabilities200300350425Notes Payable1,2001,400$1,500$1,750Total Liabilities$2,100$2,600$2,850$3,275Stock Outstanding$1,000$1,000$1,000$1,000Retained Earnings7508751,2751,550Total Shareholders’ Equity$1,750$1,875$2,275$2,550Total Liabilities and Shareholders’ Equity$3,850$4,475$5,125$5,825 Business Accounting ACCT 654 Share (0)

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