Homework Answers
| Comparative Balance Sheet | ||||
| Dec 31, 2017 | Percentage | Dec 31, 2016 | Percentage | |
| (a) | [(a) / $3200000] X 100 | (b) | [(b) / $3000000] X 100 | |
| Accounts receivables | $ 4,00,000 | 12.5% | $ 4,00,000 | 13.3% |
| Inventory | $ 8,64,000 | 27.0% | $ 6,00,000 | 20.0% |
| Total Assets | $ 32,00,000 | 100.0% | $ 30,00,000 | 100.0% |
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Brief Exercise 217 Using these data from the comparative balance sheet of K. Leen Company, perform...
Brief Exercise 213 Using these data from the comparative balance sheet of Santa Fe Spice Company,...
Brief Exercise 213 Using these data from the comparative balance sheet of Santa Fe Spice Company, perform horizontal analysis. (Round percentages to o decimal place, e.g. 17%.) Increase or (Decrease) December 31, 2017 December 31, 2016 Amount Percentage Accounts receivable $ 375,000 $ 300,000 Inventory 780,000 600,000 Total assets 3,220,000 2,800,000 Question Attempts: 0 of 1 used
Brief Exercise 13-5 Using these data from the comparative balance sheet of Sandhill Co., perform vertical...
Brief Exercise 13-5 Using these data from the comparative balance sheet of Sandhill Co., perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2017 Dec. 31, 2016 Percentage Percentage Amount Amount $ 438,000 Accounts receivable $504,000 $ 821,000 $649,000 Inventory % $2,775,000 Total assets $3,154,000 %
Practice Brief Exercise 02 Using these data from the comparative balance sheet of Crane Company, perform...
Practice Brief Exercise 02 Using these data from the comparative balance sheet of Crane Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2020 Amount Percentage Dec. 31, 2019 Amount Percentage Accounts receivable $575,000 % $ 428,000 % Inventory 798,000 % 587,000 % Total assets 3,167,000 % 2,812,000 %
Brief Exercise 13-05 Using these data from the comparative balance sheet of Oriole Company, perform vertical...
Brief Exercise 13-05 Using these data from the comparative balance sheet of Oriole Company, perform vertical analysis (Round percentages to I decimal place, e.g. 13 Dec. 31, 2022 Amount Percentage $377,600 % Dec. 31, 2021 Amount Percentage $ 320,000 Accounts receivable Inventory $ 695,400 W $570,000 Total assets $3,178,400 $2,740,000 Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal...
Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analy places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2017 Dec. 31, 2016 Accounts receivable $ 522,000 $ 431,000 Inventory $ 800,000 $ 628,000 Total assets $3,126,000 $2,752,000 $
Brief Exercise 13-05 Using these data from the comparative balance sheet of Blossom Company, perform vertical...
Brief Exercise 13-05 Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.. 12.59.) Dec 31, 2022 Dec 31, 2021 Amount Percentage Amount Percentage Accounts receivable $590,000 $500,000 Inventory $ 915,000 % $750,000 Total assets $3,387,200 $220.000
Brief Exercise 13-4 Using these data from the comparative balance sheet of Sandhill Co., perform horizontal...
Brief Exercise 13-4 Using these data from the comparative balance sheet of Sandhill Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) uzing these data from the comparati Increase or Decrease Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $ 511,000 $ 435,000 76,000 Inventory $ 825,000 $ 589,000 236,000 Total assets $3,159,000 $2,773,000 $ 386,000
Brief Exercise 13-05 Using these data from the comparative balance sheet of Oriole Company, perform vertical...
Brief Exercise 13-05
Using these data from the comparative balance sheet of Oriole
Company, perform vertical analysis. (Round percentages
to 1 decimal place, e.g. 12.5%.)
Dec. 31, 2022
Dec. 31, 2021
Amount
Percentage
Amount
Percentage
Accounts receivable
$ 377,600
Enter a value in percentages rounded to 1 decimal place.
%
$ 320,000
Enter a value in percentages rounded to 1 decimal place.
%
Inventory
$ 695,400
Enter a value in percentages rounded to 1 decimal place.
%
$ 570,000
Enter...
Practice Brief Exercise 01 Using these data from the comparative balance sheet of Crane Company, perform...
Practice Brief Exercise 01 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2020 Dec. 31, 2019 Accounts receivable $445,200 $371,000 % $ Inventory 692,500 554,000 % $ Total assets 3,313,440 2,808,000 % $
Brief Exercise 13-04 Using these data from the comparative balance sheet of Crane Company, perform horizontal...
Brief Exercise 13-04 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2020 Dec. 31, 2019 Amount Percentage Accounts receivable $445,200 $371,000 % $ Inventory 692,500 554,000 $ Total assets 3,313,440 2,808,000 % $
Brief Exercise 213 Using these data from the comparative balance sheet of Santa Fe Spice Company, perform horizontal analysis. (Round percentages to o decimal place, e.g. 17%.) Increase or (Decrease) December 31, 2017 December 31, 2016 Amount Percentage Accounts receivable $ 375,000 $ 300,000 Inventory 780,000 600,000 Total assets 3,220,000 2,800,000 Question Attempts: 0 of 1 used
Brief Exercise 13-5 Using these data from the comparative balance sheet of Sandhill Co., perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2017 Dec. 31, 2016 Percentage Percentage Amount Amount $ 438,000 Accounts receivable $504,000 $ 821,000 $649,000 Inventory % $2,775,000 Total assets $3,154,000 %
Practice Brief Exercise 02 Using these data from the comparative balance sheet of Crane Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2020 Amount Percentage Dec. 31, 2019 Amount Percentage Accounts receivable $575,000 % $ 428,000 % Inventory 798,000 % 587,000 % Total assets 3,167,000 % 2,812,000 %
Brief Exercise 13-05 Using these data from the comparative balance sheet of Oriole Company, perform vertical analysis (Round percentages to I decimal place, e.g. 13 Dec. 31, 2022 Amount Percentage $377,600 % Dec. 31, 2021 Amount Percentage $ 320,000 Accounts receivable Inventory $ 695,400 W $570,000 Total assets $3,178,400 $2,740,000 Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 13-4 Using these data from the comparative balance sheet of Cullumber Company, perform horizontal analy places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2017 Dec. 31, 2016 Accounts receivable $ 522,000 $ 431,000 Inventory $ 800,000 $ 628,000 Total assets $3,126,000 $2,752,000 $
Brief Exercise 13-05 Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.. 12.59.) Dec 31, 2022 Dec 31, 2021 Amount Percentage Amount Percentage Accounts receivable $590,000 $500,000 Inventory $ 915,000 % $750,000 Total assets $3,387,200 $220.000
Brief Exercise 13-4 Using these data from the comparative balance sheet of Sandhill Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) uzing these data from the comparati Increase or Decrease Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Accounts receivable $ 511,000 $ 435,000 76,000 Inventory $ 825,000 $ 589,000 236,000 Total assets $3,159,000 $2,773,000 $ 386,000
Brief Exercise 13-05
Using these data from the comparative balance sheet of Oriole
Company, perform vertical analysis. (Round percentages
to 1 decimal place, e.g. 12.5%.)
Dec. 31, 2022
Dec. 31, 2021
Amount
Percentage
Amount
Percentage
Accounts receivable
$ 377,600
Enter a value in percentages rounded to 1 decimal place.
%
$ 320,000
Enter a value in percentages rounded to 1 decimal place.
%
Inventory
$ 695,400
Enter a value in percentages rounded to 1 decimal place.
%
$ 570,000
Enter...
Practice Brief Exercise 01 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Amount Percentage Dec. 31, 2020 Dec. 31, 2019 Accounts receivable $445,200 $371,000 % $ Inventory 692,500 554,000 % $ Total assets 3,313,440 2,808,000 % $
Brief Exercise 13-04 Using these data from the comparative balance sheet of Crane Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Dec. 31, 2020 Dec. 31, 2019 Amount Percentage Accounts receivable $445,200 $371,000 % $ Inventory 692,500 554,000 $ Total assets 3,313,440 2,808,000 % $
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