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2. Prepare a horizontal analysis of Sports Unlimited's 2018 balance sheet using 2017 as the base...
please do parts 1 and 2 and show work Required: 1. Prepare a vertical analysis of...
please do parts 1 and 2 and
show work
Required: 1. Prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) SPORTS UNLIMITED CD Balance Sheets December 31 2018 Amount % 2017 Amount % Assets Current assets: Cash $ Accounts receivable 232,200 91,800 85,500 13,500 136,500 60,000 147,750...
2. Prepare a horizontal analysis of Sports Unlimited's 2021 balance sheet using 2020 as the base...
2. Prepare a horizontal analysis of Sports Unlimited's 2021 balance sheet using 2020 as the base year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the years ended December 31 Year 2021 2020 Increase (Decrease) Amount $ $ 210,600 98,100 88,200 18,000 135,000 52,500 138,000 9,000 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated...
Required: 1. Prepare a vertical analysis of Sports Unlimited's 2021 and 2020 balance sheets. Express each...
Required: 1. Prepare a vertical analysis of Sports Unlimited's 2021 and 2020 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the yearss ended December 31 2021 2020 Amount Amount Assets Current assets: $ Cash 210,600 135,000 Accounts receivable 98,100 52,500 Inventory 88,200 138,000 Prepaid rent 18,000 9,000 Long-term assets: Investment...
1. prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount...
1. prepare a vertical analysis of Sports Unlimited's
2018 and 2017 balance sheets. Express each amount as a percentage
of total assets for that year. (Amounts to be deducted should be
indicated by a minus sign. Round your answer to 1 decimal
place.)
2. Prepare a horizontal analysis of Sports Unlimited's
2018 balance sheet using 2017 as the base year. (Negative amounts
and Decreases should be indicated by a minus sign. Round your
percentage answers to 1 decimal place.)
SPORTS...
1. Prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount...
1. Prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount as a percentage of total assets for that year (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place Balance Sheets December 31 2018 2017 Assets Current assets 206,150 19,700 102,600 32,300 144,500 60,350 157.250 16,150 Accounts receivable Prepaid rent 29,200 196,550 211,850 (50350) 950,000 nvestment in bonds Land Equipment 305,150 207,400 (40 800) B50,000 Total...
Shown below, is a Comparative Balance sheet using Horizontal analysis, please prepare an Income statement using...
Shown below, is a Comparative Balance sheet using Horizontal analysis, please prepare an Income statement using vertical Analysis Robust Robots, Inc. Comparative Balance Sheet- Horizontal Analysis December 31, 2019 and 2018 Assets 2019 2018 Differents Percentage Current Assets: Cash $65,000 $80,000 $ (15,000.00) -18.75% Accounts Receivable, net $150,000 $100,000 $ 50,000.00 50.00% Merchandise Inventory $135,000 $70,000 $ 65,000.00 92.86% Supplies $9,700 $500 $ 9,200.00 1840.00% Prepaid Insurance $30,000 $10,000 $ 20,000.00 200.00% Total Current Assets $389,700 $260,500 $ 129,200.00 49.60%...
Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by...
Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 sho be entered as 23.4).). FANNING COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change $ Assets Current assets Cash Marketable securities Accounts receivable...
Exercise 12-4 Part 1 Required 1. Prepare a vertical analysis of the balance sheet data for...
Exercise 12-4 Part 1 Required 1. Prepare a vertical analysis of the balance sheet data for 2019 and 2018. Express each amount as a percentage of total assets. FEDERER SPORTS APPAREL Balance Sheet December 31 2019 2018 Amount l % -1-Amount | % Assets Cash S 600,000 1,712,500 1,175,000 2,862,500 8,250,000 780,000 Accounts receivable inventory Buildings Less: Accumulated depreciation (1,500,000) 1.120,000 (750,000 10,000,000 Total assets Liabilities and Stockholders Equity Accounts payable Contingent liability 12,500,000 1,237.500 1,200,000 5,100,000 4,962,500 1,300,000 Common...
Using horizontal analysis, prepare a Comparative Balance Sheet. (all the information is given in the pictures)...
Using horizontal analysis, prepare a Comparative Balance
Sheet. (all the information is given in the pictures)
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,...
Using horizontal analysis, prepare a Comparative Balance Sheet. thats all the information i was given Robust...
Using horizontal analysis, prepare a Comparative Balance
Sheet.
thats all the information i was given
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,...
please do parts 1 and 2 and
show work
Required: 1. Prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) SPORTS UNLIMITED CD Balance Sheets December 31 2018 Amount % 2017 Amount % Assets Current assets: Cash $ Accounts receivable 232,200 91,800 85,500 13,500 136,500 60,000 147,750...
2. Prepare a horizontal analysis of Sports Unlimited's 2021 balance sheet using 2020 as the base year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the years ended December 31 Year 2021 2020 Increase (Decrease) Amount $ $ 210,600 98,100 88,200 18,000 135,000 52,500 138,000 9,000 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated...
Required: 1. Prepare a vertical analysis of Sports Unlimited's 2021 and 2020 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the yearss ended December 31 2021 2020 Amount Amount Assets Current assets: $ Cash 210,600 135,000 Accounts receivable 98,100 52,500 Inventory 88,200 138,000 Prepaid rent 18,000 9,000 Long-term assets: Investment...
1. prepare a vertical analysis of Sports Unlimited's
2018 and 2017 balance sheets. Express each amount as a percentage
of total assets for that year. (Amounts to be deducted should be
indicated by a minus sign. Round your answer to 1 decimal
place.)
2. Prepare a horizontal analysis of Sports Unlimited's
2018 balance sheet using 2017 as the base year. (Negative amounts
and Decreases should be indicated by a minus sign. Round your
percentage answers to 1 decimal place.)
SPORTS...
1. Prepare a vertical analysis of Sports Unlimited's 2018 and 2017 balance sheets. Express each amount as a percentage of total assets for that year (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place Balance Sheets December 31 2018 2017 Assets Current assets 206,150 19,700 102,600 32,300 144,500 60,350 157.250 16,150 Accounts receivable Prepaid rent 29,200 196,550 211,850 (50350) 950,000 nvestment in bonds Land Equipment 305,150 207,400 (40 800) B50,000 Total...
Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 sho be entered as 23.4).). FANNING COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change $ Assets Current assets Cash Marketable securities Accounts receivable...
Exercise 12-4 Part 1 Required 1. Prepare a vertical analysis of the balance sheet data for 2019 and 2018. Express each amount as a percentage of total assets. FEDERER SPORTS APPAREL Balance Sheet December 31 2019 2018 Amount l % -1-Amount | % Assets Cash S 600,000 1,712,500 1,175,000 2,862,500 8,250,000 780,000 Accounts receivable inventory Buildings Less: Accumulated depreciation (1,500,000) 1.120,000 (750,000 10,000,000 Total assets Liabilities and Stockholders Equity Accounts payable Contingent liability 12,500,000 1,237.500 1,200,000 5,100,000 4,962,500 1,300,000 Common...
Using horizontal analysis, prepare a Comparative Balance
Sheet. (all the information is given in the pictures)
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,...
Using horizontal analysis, prepare a Comparative Balance
Sheet.
thats all the information i was given
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,...
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