Answer:
amount of change | Increase/ Decrease | Percentage | |
Accounts payable | 11,730 (50830-39100) |
increase | 30% (11730/39100) |
long term debt | -7,248 (38052-45300) |
Decrease | -16% (7248/45300) |
Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Accounts...
Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $96,375 $77,100 Long-term debt 32,412 43,800 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %
The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $94,248 $79,200 Long-term debt 46,324 62,600 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %
the comparative temporary investments an inventory balances of a company follow. Accounts payable $111,000 $100,000 long-term debt 132,680 124,000 based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis?
Horizontal Analysis The comparative accounts payable and long-term debt balances of a company are provided below. Current Year Previous Year Accounts payable $52,076 $55,400 Long-term debt 77,066 68,200 Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis? Enter all answers as positive numbers. Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %
At the end of the fiscal year, a company showed the account for temporary investments at $46,750 and the account for inventory as $73,250. For the prior year the temporary investments account was $40,000 and the inventory account was $80,000. Based on this information of increase or decrease that would be shown in the balance sheet with horizontal analysis.
The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $70,434 $55,900 Accounts receivable (net) 54,054 70,200 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash A Accounts Receivable A increase,decrease
The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $45,141 $36,700 Accounts receivable (net) 42,180 55,500 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash Accounts Receivable increase,decrease
The Cash and Accounts Receivable end-of-year balances for a company are provided below. Current Year Prior Year Cash $39,370 $31,000 Accounts receivable (net) 40,610 65,500 Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage. Account Dollar Change Percent Change Cash $ % Accounts Receivable $ % increase,decrease
Horizontal Analysis Increase (Decrease) in the Current year (versus Previous year) Amount Percentage Current Year Previous Year $ % Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable. Net 122,000 54,400 67,600 35,000 3,800 28,800 8,640 20,160 107,400 49,200 58,200 32,200 3,800 22,200 6,660 15,540 $ 15,000 5,200 9,400 2,800 0 46,600 1,980 $ 4,620 13.6 10.6 16.2 8.1...
Using these data from the comparative balance sheet of Blossom Company,perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000,-20% or (55,000), (20%). Round percentages to 0 decimal places, eg. 12%.) Increase or (Decrease) Dec. 31, 2020 Percentage Dec. 31, 2019 $350,000 550,000 Amount $385,000 Accounts receivable Inventory Total assets 2,916,000 2,700,000 $