Homework Answers
| Answer | ||||
| Horizontal Analysis - Calculation of Percent Change | ||||
| Choose numerator: | / | Choose denominator: | ||
| Percent change = | Current year minus base year | / | Base year amount | |
| 2015 | 2014 | Dollar change | Percent change | |
| Short-term investments | $ 377,232 | $ 236,026 | $ 141,206 | 59.83% |
| Accounts receivable | $ 99,828 | $ 103,326 | -$ 3,498 | -3.39% |
| Notes payable | $ - | $ 90,624 | -$ 90,624 | -100.00% |
Add Answer to:
QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each...
QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each...
QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Current Year $ 380, 834 103, 020 Prior Year $ 240, 061 106, 337 94, 802 Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent Change = Current Year D ollar Change Percent Change $ Short-term...
tudy Exercises Part 1 QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and...
tudy Exercises Part 1 QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable 2017 $374,634 97,364 2016 $234,699 101,000 88,000 Horizontal Analysis - Calculation of Percent Change Choose Denominator: 2016 Dollar Change Percent Change Choose Numerator: Percent change = 2017 Short-term investments S Accounts receivable Notes payable 374,634...
Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases...
Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) 2017 2016 Short-term investments $ 379,115 $ 238,413 Accounts receivable 101,380 105,474 Notes payable 0 93,207 Horizontal Analysis - Calculation of Percent Change Choose Numerator: / Choose Denominator: Percent Change = / 2017 2016 Dollar Change Percent Change Short-term investments $379,115 $238,413 % Accounts receivable 101,380 105,474 % Notes...
Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should...
Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) 2017 2016 Short-term investments $ 376,765 $ 235,858 Accounts receivable 99,717 103,183 Notes payable 0 90,168
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts...
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 671,646 $ 436,134 $ 353, 145 $ 237, 010 $ 173,000 324,840 210,944 172,710 115,565 83,040 32,642 25, 601 24,190 13,841 11,868 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold:...
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales $443,487 $291,768 $235,297 $170,505 $126,300...
Exercise 13-3 Computation and analysis of trend percents LO P1
Sales $443,487 $291,768 $235,297 $170,505 $126,300 Compute trend
percents for the above accounts, using 2013 as the base year.
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 443,487 $ 291,768 $ 235, 297 $ 170,505 $ 126, 300 233,163 153,319 125,704 90,413 65, 676 21,420 17,010 16,071 9,957 8,639 1:52:10 Compute trend percents for the...
Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales...
Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales $ 681,345 $ 448,253 $ 357,174 $ 260,711 $ 190,300 Cost of goods sold 356,849 234,742 188,830 137,020 98,956 Accounts receivable 33,113 26,223 24,538 15,199 12,978 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: Choose Numerator: Choose Denominator 2017 2016 2015 2014 Trend Percent for Cost of Goods Sold: Chose numerator: Choose Denominator 2017...
Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales...
Exercise 13-3 Computation and analysis of trend percents LO
P1
2017
2016
2015
2014
2013
Sales
$
503,999
$
327,272
$
259,740
$
175,500
$
130,000
Cost of goods sold
254,500
165,436
133,120
89,350
65,000
Accounts receivable
24,494
19,145
17,792
10,284
8,905
Compute trend percents for the above accounts, using 2013 as the
base year.
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 503,999 $...
QS 13-4 Trend percents LO P1 The following information is for Tide Corporation: ($ thousands) Net...
QS 13-4 Trend percents LO P1 The following information is for Tide Corporation: ($ thousands) Net sales Cost of goods sold 2015 $689,520 337,864 2014 $338,000 100,048 Determine the 2014 and 2015 trend percents for net sales using 2014 as the base year. (Enter your answers in thousands.) Trend Percent for Net Sales: I Choose Denominator: Choose Numerator: Trend Percent 0 % 2015: 2014: %
Problem 13-4A Calculation of financial statement ratios LO P3 Selected year-end financial statements of Cabot Corporation...
Problem 13-4A Calculation of financial statement ratios LO P3 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet amounts at December 31, 2016, were inventory, $50,900; total assets, $249,400; common stock. $90,000; and retained earnings, $43,304.) OK CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 451,600 Cost of goods sold 298,050 Gross profit 153,550 Operating expenses 99,000 Interest expense 3.900 Income before taxes 50,650 Income taxes 20,404 Net income...
QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Current Year $ 380, 834 103, 020 Prior Year $ 240, 061 106, 337 94, 802 Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent Change = Current Year D ollar Change Percent Change $ Short-term...
tudy Exercises Part 1 QS 13-3 Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable 2017 $374,634 97,364 2016 $234,699 101,000 88,000 Horizontal Analysis - Calculation of Percent Change Choose Denominator: 2016 Dollar Change Percent Change Choose Numerator: Percent change = 2017 Short-term investments S Accounts receivable Notes payable 374,634...
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 671,646 $ 436,134 $ 353, 145 $ 237, 010 $ 173,000 324,840 210,944 172,710 115,565 83,040 32,642 25, 601 24,190 13,841 11,868 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold:...
Exercise 13-3 Computation and analysis of trend percents LO P1
Sales $443,487 $291,768 $235,297 $170,505 $126,300 Compute trend
percents for the above accounts, using 2013 as the base year.
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 443,487 $ 291,768 $ 235, 297 $ 170,505 $ 126, 300 233,163 153,319 125,704 90,413 65, 676 21,420 17,010 16,071 9,957 8,639 1:52:10 Compute trend percents for the...
Exercise 13-3 Computation and analysis of trend percents LO
P1
2017
2016
2015
2014
2013
Sales
$
503,999
$
327,272
$
259,740
$
175,500
$
130,000
Cost of goods sold
254,500
165,436
133,120
89,350
65,000
Accounts receivable
24,494
19,145
17,792
10,284
8,905
Compute trend percents for the above accounts, using 2013 as the
base year.
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 503,999 $...
QS 13-4 Trend percents LO P1 The following information is for Tide Corporation: ($ thousands) Net sales Cost of goods sold 2015 $689,520 337,864 2014 $338,000 100,048 Determine the 2014 and 2015 trend percents for net sales using 2014 as the base year. (Enter your answers in thousands.) Trend Percent for Net Sales: I Choose Denominator: Choose Numerator: Trend Percent 0 % 2015: 2014: %
Problem 13-4A Calculation of financial statement ratios LO P3 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit: selected balance sheet amounts at December 31, 2016, were inventory, $50,900; total assets, $249,400; common stock. $90,000; and retained earnings, $43,304.) OK CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 451,600 Cost of goods sold 298,050 Gross profit 153,550 Operating expenses 99,000 Interest expense 3.900 Income before taxes 50,650 Income taxes 20,404 Net income...
Most questions answered within 3 hours.
-
Lowell Corp. sells $100,000 of bonds to private investors. The
bonds are due in five years,...
asked 1 hour ago -
3) Do you believe that Disney’s
acquisition-based growth strategy is sustainable?
4) Which competencies support this...
asked 1 hour ago -
Rank the following three stocks by their total risk level highest
to lowest night writer has...
asked 1 hour ago -
A local
electronic company primarily manufactures four highly technical
telecommunication products. Each product must be processed...
asked 2 hours ago -
•Describe the basic structure of collagen monomers •Explain how
amino acid composition of collagen contributes to...
asked 4 hours ago -
Compute the sample correlation coefficient
r for each of the following data sets.
(Use 3 decimal...
asked 5 hours ago -
5a. What are the advantages and disadvantages of Proxy ARP?
b. What is the TTL field...
asked 4 hours ago -
An ice cube (density = 900[kg/m3]) with a side length of
2.54[cm] is held by a...
asked 6 hours ago -
would you say that leaders in the international context are born
or made? That is, can...
asked 6 hours ago -
Instructions
Read the Digital Trends article "Solid state drives are speedier
than hard disk drives. Are...
asked 7 hours ago -
A multiple-choice test consists of 29 questions with possible
answers of a, b, c, d. Estimate...
asked 7 hours ago -
Question 1: Ethanol is the active ingredient of alcoholic
beverages. It is also s a possible...
asked 7 hours ago