Homework Answers
| VERTICAL ANALYSIS OF INCOME STATEMENT | ||||
| Particulars | 2020 | % | 2019 | % |
| Total Revenue | $ 5,33,000 | 100% | $ 4,65,000 | 100% |
| Expenses: | ||||
| COGS | $ 2,35,000 | 44.09% | $ 2,02,000 | 43.44% |
| Selling & General | $ 1,40,000 | 26.27% | $ 1,35,000 | 29.03% |
| Interest | $ 10,000 | 1.88% | $ 6,000 | 1.29% |
| Wages | $ 51,000 | 9.57% | $ 41,000 | 8.82% |
| Total Expenses | $ 4,36,000 | 81.80% | $ 3,84,000 | 82.58% |
| Net Income | $ 97,000 | 18.20% | $ 81,000 | 17.42% |
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Practice: E18-4 (page 1071) - Vertical Analysis & Common Size Income Statement 2020 $533,000 2019 $465,000...
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complete a vertical analysis for both the balance sheet and income statement in the column provided...
complete a vertical analysis for both the balance
sheet and income statement in the column provided to the right
I want to make sure I'm doing this right
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Problem 23.1A Horizontal and vertical analysis of income statement and balance sheet. LO 23-1, 23...
Problem 23.1A Horizontal and vertical analysis of income
statement and balance sheet. LO 23-1, 23-2
The EastTN Company sells computer parts through a retail store
that it operates. The firm’s comparative income statement and
balance sheet for the years 2016 and 2015 are shown below.
1-a.
Complete both a horizontal and a vertical analysis of
comparative income statement for the years 2016 and 2015.
(Round your percentage answers to 1 decimal place. i.e.,
0.123 should be entered as 12.3.)
1-b....
Using vertical analysis, prepare and Income Satement. (this is all the infomation) (indirect method) Robust Robots,...
Using vertical analysis, prepare and Income Satement. (this is
all the infomation) (indirect method)
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Using vertical analysis, prepare an income statement. (this is all the information given) (indirect method) thats...
Using vertical analysis, prepare an income statement. (this is
all the information given) (indirect method)
thats all info i have, it says indirect method on cash flow
only
Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500...
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complete a vertical analysis for both the balance
sheet and income statement in the column provided to the right
I want to make sure I'm doing this right
Managerial Accounting ACC 122 Chapter 14 - Review Quiz Here are the financial statements for Puget Sound Boatworks Complete a vertical analysis (common size) (for this year only) for both the balance sheet and the income statement in the column provided to the right. Balance Sheet Assets Cash Accounts Receivable, net Inventory...
Problem 23.1A Horizontal and vertical analysis of income
statement and balance sheet. LO 23-1, 23-2
The EastTN Company sells computer parts through a retail store
that it operates. The firm’s comparative income statement and
balance sheet for the years 2016 and 2015 are shown below.
1-a.
Complete both a horizontal and a vertical analysis of
comparative income statement for the years 2016 and 2015.
(Round your percentage answers to 1 decimal place. i.e.,
0.123 should be entered as 12.3.)
1-b....
Using vertical analysis, prepare and Income Satement. (this is
all the infomation) (indirect method)
Robust Robots, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash Accounts Receivable, net Merchandise Inventory Supplies Prepaid Insurance Total Current Assets $ $ $ $ $ $ 65,000 150,000 135,000 9,700 30,000 389,700 $ $ $ $ $ $ 80,000 100,000 70,000 500 10,000 260,500 Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation - Equipment Total Property, plant, and...
Using vertical analysis, prepare an income statement. (this is
all the information given) (indirect method)
thats all info i have, it says indirect method on cash flow
only
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