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Vockery Market Co. Balance Sheet 2018 2017 Cash          20,000          24,000 ST Investments          18,000.

Vockery Market Co.
Balance Sheet
2018 2017
Cash          20,000          24,000
ST Investments          18,000          26,000
Net Accounts Receivable          50,000          78,000
Inventory          70,000          66,000
Prepaid Expenses          12,000          10,000
Total Current Assets        170,000        204,000
PP&E        105,000          85,000
Total Assets        275,000        289,000
Prepare a horizontal and vertical analysis of Total Assets

Solutions

Expert Solution

HORIZONTAL ANALYSIS
2018 2017 Net Increase/(Decrease) % Increasse/(Decrease)
Cash 20000 24000 -4000 -16.67%
ST investment 18000 26000 -8000 -30.77%
Net Accounts recivable 50000 78000 -28000 -35.90%
Inventory 70000 66000 4000 6.06%
Prepaid expense 12000 10,000 2000 20%
Total current Assets 170000 204000 -34000 -16.67%
PP &E 105000 85000 20000 23.53%
Total Assets 275000 289000 -48000 16.61%
VERTICAL ANALYSIS
2018 % OF TOTAL ASSETS 2017 % OF TOTAL ASSETS
Cash 20000 7.27% 24000 8.30%
ST investment 18000 6.55% 26000 9.00%
Net Accounts recivable 50000 18.18% 78000 26.99%
Inventory 70000 25.45% 66000 22.84%
Prepaid expense 12000 4.36% 10,000 3.46%
Total current Assets 170000 61.82% 204000 70.59%
PP &E 105000 38.18% 85000 29.41%
Total Assets 275000 100% 289000 100%

ekkarill92 answered 1 year ago
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