Suppose the comparative balance sheets of Tamarisk, Inc. are presented here.
TAMARISK, INC. |
||||
---|---|---|---|---|
2017 |
2016 |
|||
Assets |
||||
Current Assets |
$9,600 |
$8,830 |
||
Property, plant, and equipment (net) |
2,000 |
1,900 |
||
Other assets |
1,500 |
1,700 |
||
Total assets |
$13,100 |
$12,430 |
||
Liabilities and Stockholders' Equity |
||||
Current Liabilities |
$3,240 |
$3,320 |
||
Long-term liabilities |
1,200 |
1,340 |
||
Stockholders’ equity |
8,660 |
7,770 |
||
Total liabilities and stockholders' equity |
$13,100 |
$12,430 |
(a) Prepare a horizontal analysis of the balance
sheet data for Tamarisk, using 2016 as a base. (If
amount and percentage are a decrease show the numbers as negative,
e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1
decimal place, e.g. 12.1%.)
TAMARISK, INC. |
|||||||||
---|---|---|---|---|---|---|---|---|---|
2017 |
2016 |
Increase |
Percentage |
||||||
Assets |
|||||||||
Current Assets |
$9,600 |
$8,830 |
$Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Property, plant, and equipment (net) |
2,000 |
1,900 |
Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Other assets |
1,500 |
1,700 |
Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Total assets |
$13,100 |
$12,430 |
$Enter a total amount for this section |
Enter percentages rounded to 1 decimal place |
% |
||||
Liabilities and Stockholders' Equity |
|||||||||
Current Liabilities |
$3,240 |
$3,320 |
$Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Long-term liabilities |
1,200 |
1,340 |
Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Stockholders’ equity |
8,660 |
7,770 |
Enter a dollar amount |
Enter percentages rounded to 1 decimal place |
% |
||||
Total liabilities and stockholders' equity |
$13,100 |
$12,430 |
$Enter a total amount for this section |
Enter percentages rounded to 1 decimal place |
% |
(b) Prepare a vertical analysis of the balance
sheet data for Tamarisk for 2017.
TAMARISK, INC. |
|||||
---|---|---|---|---|---|
$ (in millions) |
Percent |
||||
Assets |
|||||
Current Assets |
$9,600 |
Enter percentages |
% |
||
Property, plant, and equipment (net) |
2,000 |
Enter percentages |
% |
||
Other assets |
1,500 |
Enter percentages |
% |
||
Total assets |
$13,100 |
Enter percentages |
% |
||
Liabilities and Stockholders' Equity |
|||||
Current Liabilities |
$3,240 |
Enter percentages |
% |
||
Long-term Liabilities |
1,200 |
Enter percentages |
% |
||
Stockholders’ equity |
8,660 |
Enter percentages |
% |
||
Total liabilities and stockholders' equity |
$13,100 |
Enter percentages |
% |
Suppose the comparative balance sheets of Tamarisk, Inc. are presented here. TAMARISK, INC. Condensed Balance Sheet...
Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,710 $8,720 Property, plant, and equipment (net) 1,940 1,870 Other assets 1,500 1,690 Total assets $13,150 $12,280 Liabilities and Stockholders' Equity Current Liabilities $3,253 $3,330 Long-term liabilities 1,270 1,380 Stockholders’ equity 8,627 7,570 Total liabilities and stockholders' equity $13,150 $12,280 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a...
Suppose the comparative balance sheets of Sage Hill Inc. are presented here SAGE HILL INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets $9.600 2,050 1.540 $8,700 1,840 1.740 $13.190 $12,280 Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3.220 $3.340 1,300 1330 8,670 7.610 $13,190 $12,280 Stockholders' equity Total liabilities and stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Sage...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,840 $ 8,200 Property, plant, and equipment (net) 1,802 1,700 Other assets 1,615 1,700 Total assets $13,257 $11,600 Liabilities and Stockholders’ Equity Current liabilities $ 3,366 $ 3,400 Long-term liabilities 1,344 1,400 Stockholders’ equity 8,547 6,800 Total liabilities and stockholders’ equity $13,257 $11,600 (a) Prepare a horizontal analysis of the balance sheet data...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 (s in millions) 2020 2019 $ 10,413 1,976 1,584 $13,973 $ 8,900 1,900 1,600 $12,400 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,528 1,358 $ 3,600 1,400 9,087 7,400 $13,973 $12,400 (a) Prepare a horizontal analysis of the balance sheet data for...
Exercise 13-05 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets Property, plant, and equipment (net) Other assets $9,520 1,990 1,590 $13,100 $8,800 1,810 1,610 $12,220 Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,220 1,260 8,620 $13,100 $3,380 1,340 7,500 $12,220 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021...
Suppose the comparative balance sheets of Nike,
Inc. are presented here.
Nike, Inc.
Comparative Balance Sheets
May 31
($ in millions)
2020
2019
Assets
Current assets
$ 9,180
$ 9,000
Property, plant, and equipment (net)
1,785
1,700
Other assets
1,656
1,800
Total assets
$12,621
$12,500
Liabilities and Stockholders’ Equity
Current liabilities
$ 3,366
$ 3,400
Long-term liabilities
1,222
1,300
Stockholders’ equity
8,033
7,800
Total liabilities and stockholders’ equity
$12,621
$12,500
(a)
Prepare a horizontal analysis of the balance sheet data...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets $10,500 $8,400 Current assets Property, plant, and equipment (net) 2,006 1,700 Other assets 1,900 1,406 $13,912 $12,000 Total assets Liabilities and Stockholders' Equity $3,069 $3,100 Current liabilities Long-term liabilities 1,248 1,300 Stockholders' equity 9,595 7,600 $13,912 $12,000 Total liabilities and stockholders' equity Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as...
* Exercise 13-05 a-b Suppose the comparative balance sheets of Larkspur, Inc. are presented here. LARKSPUR, INC. Condensed Balance Sheet May 31 ($ in millions) 2020 2019 $9,640 2,010 1,450 $13,100 $8,720 1,840 1,730 $12,290 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,250 1,290 8,560 $13,100 $3,340 1,340 7,610 $12,290 (a) Prepare a horizontal analysis of the balance sheet data...
all three pages please! thank you!
TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) $9,630 $8,790 2,020 1.860 1,540 1.780 $13,190 $12.430 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3.290 1,310 $3,400 1.350 Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 8.590 7.680 $13,190 $12.430 TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Increase (Decrease) Percentage Change from 2013 Assets...
Question 2 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets $ 10,400 2,020 $ 8,000 2,000 1,700 $11,700 1,615 $14,035 Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity $ 3,038 $ 3,100 1,287 9,710 1,300 7,300 $11,700 Total liabilities and stockholders' equity $14,035 (a) (a) Prepare a horizontal analysis of the...