A horizontal analysis of the balance sheet involves a comparison of an amount on a given...
A horizontal analysis of the balance sheet involves a comparison of an amount on a given date with the
|
a. |
total of the assets on the balance sheet for the date |
|
|
b. |
net sales from the income statement for the period ending on that date |
|
|
c. |
total stockholders equity on the balance sheet for that date |
|
|
d. |
amount for the same balance sheet item on a previous date |
Homework Answers
Correct answer-----------(d) amount for the same balance sheet item on a previous date.
.
The analysis of balance sheet which involves a comparison of an amount on a given date with the total of the assets on the balance sheet for the date is the vertical analysis not the horizontal analysis.
The analysis of Income statement which involves a comparison of an amount on a given date with the total sales for the period is the vertical analysis of income statement not the horizontal analysis.
Add Answer to:
A horizontal analysis of the balance sheet involves a
comparison of an amount on a given...
Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers...
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 should be entered as 23.4).) points FINCH COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change eBook Print $ $ References Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land 17,400 20,200 54,200 136,100 26,700 254,800 27,900...
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...
Question 50 (2 points) When doing vertical analysis of the balance sheet, to get percentages for...
Question 50 (2 points) When doing vertical analysis of the balance sheet, to get percentages for each balance sheet item, you divide the dollar amount for the particular balance sheet item by the dollar amount of total Liabilities. the dollar amount of total Stockholders' Equity. the dollar amount of total Assets plus total Liabilities plus total Stockholders' Equity. the dollar amount of total Assets OR total Liabilities plus total Stockholders' Equity Submit Quiz 38 of 50 questions saved year. Question...
Prepare a horizontal analysis of both the balance sheet and income statement. BENSON COMPANY Horizontal Analysis...
Prepare a horizontal analysis of both the balance sheet and income statement. BENSON COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change Assets Current assets Cash $17,700 $13,300 not attempted % Marketable securities 20,600 6,800 not attempted Accounts receivable (net) 54,100 46,900 not attempted Inventories 136,900 143,000 not attempted Prepaid items 26,200 11,800 not attempted Total current assets 255,500 221,800 not attempted Investments 27,000 20,900 not attempted Plant (net) 271,200 256,300 not attempted Land 29,700 25,000 not attempted Total...
26. Another term for vertical analysis is a. common-size analysis. b. liquidity analysis. c. horizontal analysis....
26. Another term for vertical analysis is a. common-size analysis. b. liquidity analysis. c. horizontal analysis. d. leverage analysis. 27. Common-size statements are especially useful in comparing a. a company's performance across time. b. companies of different sizes. c. supplemental information included in the corporate annual report. d. companies of the same size. 28. In preparing a common-size balance sheet, you express all account balances as a percentage of a. total stockholders' equity. b. total liabilities. c. total assets plus...
give 3 examples of crop that are grown today Vertical Analysis of Balance Sheet Balance sheet...
give 3 examples of crop that are grown today
Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets Property, plant, and equipment Intangible assets $272,020 553,420 112,560 178,220 375,200 103,180 $147,840 520,960 35,200 84,480 316,800 98,560 Current liabilities Long-term liabilities Common stock Retained earnings 281,400 204,160 Prepare a comparative balance sheet for both years, stating each asset as a percent of...
Prepare a vertical analysis of the income statement and balance sheet. Show each item on the...
Prepare a vertical analysis of the income statement and balance
sheet. Show each item on the income statement as a percentage of
the net sales for each year. On the balance sheet, show each asset
item as a percentage of the total assets and each liability and
equity item as a percentage of the total liabilities and
stockholders' equity. Round percentages to one decimal place.
Miller Electronics Corporation Comparative Income Statement For Years Ended December 31, 20-2 and 20-1 20-2...
E15-17 Performing vertical analysis of a balance sheet Learning Objective 3 2016 Current Assets: 15.7% Tri...
E15-17 Performing vertical analysis of a balance sheet Learning Objective 3 2016 Current Assets: 15.7% Tri Designs, Inc. has the following data: 2015 TRI DESIGNS, INC. Comparative Balance Sheet December 31, 2016 and 2015 2016 Assets Total Current Assets $ 54,950 Property, Plant, and Equipment, Net 250,250 Other Assets 44,800 Total Assets $ 350,000 $ 72,250 158,950 57,800 $289,000 Liabilities Total Current Liabilities Long-term Debt Total Liabilities $ 49,700 118,300 168,000 47,685 196,520 244.205 Stockholders' Equity Total Stockholders' Equity Total...
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,...
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....
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 should be entered as 23.4).) points FINCH COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change eBook Print $ $ References Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land 17,400 20,200 54,200 136,100 26,700 254,800 27,900...
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...
Question 50 (2 points) When doing vertical analysis of the balance sheet, to get percentages for each balance sheet item, you divide the dollar amount for the particular balance sheet item by the dollar amount of total Liabilities. the dollar amount of total Stockholders' Equity. the dollar amount of total Assets plus total Liabilities plus total Stockholders' Equity. the dollar amount of total Assets OR total Liabilities plus total Stockholders' Equity Submit Quiz 38 of 50 questions saved year. Question...
26. Another term for vertical analysis is a. common-size analysis. b. liquidity analysis. c. horizontal analysis. d. leverage analysis. 27. Common-size statements are especially useful in comparing a. a company's performance across time. b. companies of different sizes. c. supplemental information included in the corporate annual report. d. companies of the same size. 28. In preparing a common-size balance sheet, you express all account balances as a percentage of a. total stockholders' equity. b. total liabilities. c. total assets plus...
give 3 examples of crop that are grown today
Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets Property, plant, and equipment Intangible assets $272,020 553,420 112,560 178,220 375,200 103,180 $147,840 520,960 35,200 84,480 316,800 98,560 Current liabilities Long-term liabilities Common stock Retained earnings 281,400 204,160 Prepare a comparative balance sheet for both years, stating each asset as a percent of...
Prepare a vertical analysis of the income statement and balance
sheet. Show each item on the income statement as a percentage of
the net sales for each year. On the balance sheet, show each asset
item as a percentage of the total assets and each liability and
equity item as a percentage of the total liabilities and
stockholders' equity. Round percentages to one decimal place.
Miller Electronics Corporation Comparative Income Statement For Years Ended December 31, 20-2 and 20-1 20-2...
E15-17 Performing vertical analysis of a balance sheet Learning Objective 3 2016 Current Assets: 15.7% Tri Designs, Inc. has the following data: 2015 TRI DESIGNS, INC. Comparative Balance Sheet December 31, 2016 and 2015 2016 Assets Total Current Assets $ 54,950 Property, Plant, and Equipment, Net 250,250 Other Assets 44,800 Total Assets $ 350,000 $ 72,250 158,950 57,800 $289,000 Liabilities Total Current Liabilities Long-term Debt Total Liabilities $ 49,700 118,300 168,000 47,685 196,520 244.205 Stockholders' Equity Total Stockholders' Equity Total...
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,...
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....
Most questions answered within 3 hours.
-
Does the launch speed depend significantly upon the launching
angle? Is it reasonable?
asked 27 minutes ago -
A disc of moment of inertia 3.00 kgm2 is rotating with angular
velocity 2.00 rad/s about...
asked 11 minutes ago -
Hi, can somone help me with this question?
Omega Company reported the following information for the...
asked 17 minutes ago -
WHY SOME PEOPLE DECIDE TO STAY IN THEIR HOMES WHEN AN EXTREME
WEATHER EVENT SURROUNDS THEM.
asked 15 minutes ago -
Which of the following is a financial intermediary?
a mutual fund
the stock market
a U.S....
asked 25 minutes ago -
Completely and thoroughly explain how control charts could be
used by a company that makes eyeglass...
asked 33 minutes ago -
Explain how the equilibrium loanable funds interest rate is
determined? Please draw a picture of what...
asked 35 minutes ago -
Below is the trial balance of Tom’s Tents at 5 April 2018.
£
£
Trading account:...
asked 44 minutes ago -
For this question, we want to implement the basic
java classes to support the concept of an...
asked 45 minutes ago -
Two random variables X and Y have joint density function f(x,y)
=c(where c >0 denotes an...
asked 47 minutes ago -
Bonita Corporation issued 1,900 shares of $10 par value common
stock upon conversion of 950 shares...
asked 52 minutes ago -
When finding confidence interval for mu , if population standard
deviation (sigma) is known, we use...
asked 1 hour ago