Use the following information for the questions
Shaw Enterprises Comparative Balance Sheet December 31, 2020 and 2019
-Using the comparative balance sheet assets given below, prepare a horizontal analysis of all asset items. Carry all calculations to two decimal places and then round to one decimal place.
Definitions:
US Depositors
Refers to individuals or entities that deposit money in banks or financial institutions within the United States.
Chinese Yuan
The official currency of the People's Republic of China, used as the medium of exchange for goods and services within the country.
Currency Devaluation
The reduction of a currency's value in relation to foreign currencies, deliberately enacted by a country's government or monetary authority.
Import Consumers
Individuals or entities that bring goods or services into a country from abroad for domestic consumption.
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