Question
In: Accounting
1. Prepare a vertical analysis on the income statement and Balance statement. (Please show the formula...
1. Prepare a vertical analysis on the income statement and Balance statement. (Please show
the formula & your calculations).
Balance Sheet
December 31, 20X7 & 20X6
Assets 20X7 20X6
Cash $ 15,000 17,000
Marketable securities 10,000 10,000
Accounts receivable (net) 20,000 22,000
Inventory 30,000 27,000
Prepaid expenses 8,000 9,000
Property, plant, and equipment 117,000 117,000
Total assets $200,000 202,000
Liabilities and Stockholders' Equity
Current liabilities $ 30,000 27,000
Long-term liabilities 61,000 56,000
Stockholders' equity 109,000 119,000
Total liabilities and stockholders' equity $200,000 202,000
Income Statement
For the Year Ended December 31, 20X7 & 20X6
Net sales $160,000 150,000
Cost of goods sold 120,000 118,000
Gross margin $ 40,000 32,000
Operating expenses
Selling and administrative expenses $ 16,000 23,000
Interest expense 8,000 7,750
Income taxes expense 4,000 28,000 250
Net income $ 12,000 1,000
thats the balance sheet and income statement
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Prepare a horizontal analysis on the income statement and Balance statement. (Please show the formula &...
Prepare a horizontal analysis on the income statement and
Balance statement. (Please
show the formula & your calculations
balance Sheet
December 31, 20X7 & 20X6
Assets 20X7 20X6
Cash $ 15,000 17,000
Marketable securities 10,000 10,000
Accounts receivable (net) 20,000 22,000
Inventory 30,000 27,000
Prepaid expenses 8,000 9,000
Property, plant, and equipment 117,000 117,000
Total assets $200,000 202,000
Liabilities and Stockholders' Equity
Current liabilities $ 30,000 27,000
Long-term liabilities 61,000 56,000
Stockholders' equity 109,000 119,000
Total liabilities and stockholders' equity...
Prepare a vertical analysis or same size income statement and balance sheet for Pepsi and Coca...
Prepare a vertical analysis or same size income
statement and balance sheet for Pepsi and Coca Cola for 2016 and
2017. Write a paragraph highlighting what you learn from the
percentages of sales or total assets calculated from the financial
statements. Write also about the comparison between 2016 and 2017
and between Coke and Pepsi.
Prepare a Vertical Analysis of Income Statement. (Show your % out to 2 Decimals, example =9.55%...
Prepare a Vertical Analysis of Income Statement. (Show your %
out to 2 Decimals, example =9.55%
Answer the Following Questions Below the Analysis Report
.i) How much of Every Dollar from a Customer does our Business
Keep?
ii) What is the Largest Single Expense for our Biz and How much
does it Cost per Dollar?
iii) What is the Largest Single Operating Expense and How much
does it Cost per Dollar?
1) Jan-1 The JW-Corp Received $120,000 from Investors in...
Q: Please review the Income Statement and Balance Sheet Prepare the following analysis: 1) Calculate Horizontal...
Q:
Please review the
Income Statement and Balance Sheet
Prepare the following
analysis:
1)
Calculate Horizontal (Trend) Analysis of the Income
Statement and Balance Sheet
2)
Calculate Vertical (Common Size) Analysis of the
Income Statement and Balance Sheet
3)
Calculate the Liquidity Ratios only for COSTCO for the most
recent (newest) year with a brief explanation of what each reveals
to management
COSTCO WHOLESALE
CORPORATION
CONSOLIDATED BALANCE
SHEET
(amounts in millions)
ASSETS
CURRENT ASSETS
August 31, 2016
August 31, 2015...
Prepare a horizontal analysis of both the balance sheet and income statement. Prepare a horizontal analysis...
Prepare a horizontal analysis of both the balance sheet and
income statement.
Prepare a horizontal analysis of the balance sheet. (Negative
answers should be indicated by a minus sign. Round your answers to
1 decimal place. (i.e., .234 should be entered as 23.4).)
ADAMS COMPANY
Horizontal Analysis of Balance
Sheets
2019
2018
Percentage Change
Assets
Current assets
Cash
$16,700
$12,100
%
Marketable securities
20,200
7,400
Accounts receivable (net)
54,900
47,600
Inventories
135,200
144,500
Prepaid items
25,000
10,500
Total current assets...
Prepare a horizontal analysis of both the balance sheet and income statement. Prepare a horizontal analysis...
Prepare a horizontal analysis of both the balance sheet and
income statement.
Prepare a horizontal analysis of the balance sheet. (Negative
answers should be indicated by a minus sign. Round your answers to
1 decimal place. (i.e., .234 should be entered as 23.4).)
BAIRD COMPANY
Horizontal Analysis of Balance
Sheets
2019
2018
Percentage Change
Assets
Current assets
Cash
$17,600
$12,200
%
Marketable securities
21,000
6,200
Accounts receivable (net)
54,700
46,800
Inventories
136,500
143,300
Prepaid items
26,500
11,800
Total current assets...
1. Using Walt Disney Inc. Annual Report income statement, prepare a horizontal and vertical analysis on...
1. Using Walt Disney Inc. Annual Report income statement,
prepare a horizontal and vertical analysis on years 2017 and 2016.
2. Perform the following ratios, Current, Debt, Return on Equity on
years 2017 and 2016
https://www.thewaltdisneycompany.com/wp-content/uploads/2017-Annual-Report.pdf
Return on common stockholders’ equity
ratio.
Return on asset ratio.
Profit margin rate.
Earnings per share.
Debt to total asset ratio.
Current ratio
Average collection period.
Receivables turnover ratio.
Asset turnover ratio.
Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company.
Here are comparative statement data for Duke Company and Lord
Company, two competitors. All balance sheet data are as of December
31, 2020, and December 31, 2019.Duke CompanyLord Company2020201920202019Net sales$1,878,000$559,000Cost of goods sold1,100,508296,829Operating expenses261,04279,937Interest expense9,3904,472Income tax expense54,4626,149Current assets329,000$312,10083,200$78,300Plant assets (net)519,900501,200139,800124,200Current liabilities65,40074,80034,20029,600Long-term liabilities108,80090,40030,20026,000Common stock, $10 par499,500499,500120,500120,500Retained earnings175,200148,60038,10026,400(a)Prepare a vertical analysis of the 2020 income statement data
for Duke Company and Lord Company. (Round percentages
to 1 decimal place, e.g. 12.1%.)Condensed Income Statementchoose the accounting period
...
Prepare a horizontal analysis of both the balance sheet and income statement. Analysis Bal Sheet...
Prepare a horizontal analysis of both the balance sheet and
income statement. Analysis Bal Sheet Analysis Inc Stmt Complete
this question by entering your answers in the tabs below. Prepare a
horizontal analysis of the balance sheet. (Negative answers should
be indicated by a minus sign. Round your answers to 1 decimal
place. (i.e., .234 should be entered as 23.4).) Analysis Bal Sheet
Analysis Inc Stmt $ $ $ $ $ $ $ $ STUART COMPANY Horizontal
Analysis...
How would you do vertical analysis of an income statement? Of a balance sheet? Provide a...
How would you do vertical analysis of an income statement? Of a
balance sheet? Provide a specific example as part of you
explanation.
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