Horizontal analysis
Increase (decrease) | ||||
2017 | 2016 | Amount | % | |
Assets | ||||
Current assets | 110600 | 94400 | 16200 | 17.2% |
Plant assets | 404400 | 354600 | 49800 | 14.0% |
Total assets | 515000 | 449000 | 66000 | 14.7% |
Liabilities | ||||
Current liabilities | 103400 | 69600 | 33800 | 48.6% |
Long term liabilities | 126600 | 94400 | 32200 | 34.1% |
Total liabilities | 230000 | 164000 | 66000 | 40.2% |
Stockholder's equity | ||||
Common Stock $1 par | 134600 | 119600 | 15000 | 12.5% |
Retained earnings | 150400 | 165400 | -15000 | -9.1% |
Total Stockholder's equity | 285000 | 285000 | 0 | 0% |
Total liabilities and stockholder's equity | 515000 | 449000 | 66000 | 14.7% |
Here is financial information for Metlock, Inc. December 31, 2017 December 31, 2016 Current assets $110,600...
December 31, 201 Current assets Plant assets (net) Current labilibes Long-term babilties Common stock, $1 par Retained earnings 108,100 404,400 103,400 124,100 132,100 152,900 December 31, 2016 94,400 352,100 67,100 94,400 117,100 167,900 re a weheudeshowinga horontal anayaits for 2017, n 2016 as the base yesu (f amount and percentage are a decrease show the mmbers as negative, e.g. 5%,0oo, 20% or (s5,000), ( 20%), sonnd percentages to 1 decimal place, c-9. I 2. 1 %.) Condensed Balance Sheet December...
Here is financial information for Kingbird, Inc. December 31, 2017 December 31, 2016 Current assets $109,400 $ 92.200 Plant assets (net) 402.200 353.400 Current liabilities 101.200 68.400 Long-term liabilities 125,400 92,200 Common stock. $1 par 133,400 118.400 Retained earnings 151,600 166,600 Prepare a schedule showing a horizontal analysis for 2017. using 2016 as the base year. (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, eg...
Exercise 13-3 Here is financial information for Sage Hill Inc. December 31, 2017 December 31, 2016 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings $109,300 403,800 102,800 125,300 133,300 151,700 $ 93,800 353,300 68,300 93,800 118,300 166,700 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to...
Exercise 13-3 Here is financial information for Marin Inc. Exercise 13-3 Here is financial information for Marin Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2017 December 31, 2016 $109,400 $ 94,200 404,200 353,400 103,200 68,400 125,400 94,200 133,400 118,400 151,600 166,600 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g....
Here is financial information for Tamarisk, Inc Current assets Plant assets (net Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31. 2017 $ 109.200 403.500 102.500 125.200 133.200 151,800 December 31, 2016 93500 353,200 68 200 3,500 118,200 166.800 Prepare a schedule showing a horizontal analysis for 2017,using 201ó as, the bave year.(0f amount and percentage are a decrease (20x2. Round percentages to 1 decimal place,es. 12.18) are a decrease show the numbers as negath TAMARISK, INC...
Exercise 14-1 Financial information for kurzen Inc. is presented below. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2017 $122,600 394,400 86,000 133,900 166,200 130,900 December 31, 2016 $103,800 330,000 72,400 86,000 110,000 165,400 Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round...
Exercise 13-03 Here is financial information for Kingbird, Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2022 December 31, 2021 $109,400 $ 92,200 402,200 353,400 101,200 68,400 125,400 92,200 133,400 118,400 151,600 166,600 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (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...
CALCULATOR FULL SCREEN PRINTER VER Exercise 13-3 Here is financial information for Sage Hill Inc December 31, 2017 December 31, 2016 $92,200 354,200 69,200 92,200 19,200 165,800 Current assets 110,200 Plant assets (net) Current liabilities Long-term liabilities 402,200 101,200 126,200 134,200 150,800 Common stock, $1 par Retained earnings Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negats .000, -20% or SAGE HILL...
JOSHUA COMPANY Comparative Balance Sheets December 31, 2016 and 2017 2017 2016 Current assets: Cash and cash equivalents $ 204 $ 133 Accounts receivable 267 157 Inventories 131 264 Prepaid insurance 12 42 Total current assets 614 596 Long term assets: Property, plant, and equipment 245 260 Less accumulated depreciation - 140 - 125 Property, plant, and equipment, net 105 135 Total assets $ 719 $ 731 Current liabilities: Accounts payable $ 97 $ 83 Wages payable 20 17 Current...
JOSHUA COMPANY Comparative Balance Sheets December 31, 2016 and 2017 2017 2016 Current assets: Cash and cash equivalents $ 204 $ 133 Accounts receivable 267 157 Inventories 131 264 Prepaid insurance 12 42 Total current assets 614 596 Long term assets: Property, plant, and equipment 245 260 Less accumulated depreciation - 140 - 125 Property, plant, and equipment, net 105 135 Total assets $ 719 $ 731 Current liabilities: Accounts payable $ 97 $ 83 Wages payable 20 17 Current...