dec 31 2017 | dec 31 2016 | |||
amount | percentage | amount | percentage | |
accounts receivable | 504,000 | 16.0% | 438,000 | 15.8% |
inventory | 821,000 | 26.0% | 649,000 | 23.4% |
total assets | 3,154,000 | 100% | 2,775,000 | 100% |
working:
amounts are expressed as percentage of total assets.
2017 | 2019 | |
accounts receivable | (504,000/3154000)*100=>16.0% | (438,000/2,775,000)*100=>15.8% |
inventory | (821,000/3,154,000)*100=>26.0% | (649,000/2775000)*100=>23.4% |
total assets | (3154000/3154000)*100=>100.0% | (2775000/2775000)*100=>100.0% |
Brief Exercise 13-5 Using these data from the comparative balance sheet of Sandhill Co., perform vertical...
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 13-04 Using these data from the comparative balance sheet of Sandhill Co., perform horizontal analysis. (If amount and percentage are a decrease show the numbers negative, e.g. -55,000, -20% or (55,000), (209). Round percentages to o decimal places, e.g. 129.) Increase or (Decrease) Amount Percentage Dec. 31, 2022 Dec 31, 2021 5556,300 $ 480,000 Accounts receivable Inventory $ 576,000 $ 730,000 Total assets $3,306,000 $2,900,000 Click if you would like to Show Work for this question: Open Show...
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 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 13-05 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 13-04 Using these data from the comparative balance sheet of Carla Vista Co., perform horizontal analysis. (If amount and percentage are a de Increase or (Decrease) Amount Percentage Dec 31, 2022 Dec. 31, 2021 $417,600 $360,000 Accounts receivable Inventory $ 732,000 $ 610,000 Total assets $3,169,200 $2,780,000 decrease show the numbers as negative, e.g. -55,000, -20% or (55,000). (20%). Round percentages to o decimal places, e.g. 12%.)
. 12.56.) Brief Exercise 13-05 Using these data from the comparative balance sheet of Carla Vista Co., perform vertical analysis. (found percentages to 1 decimal place Dec. 31, 2022 Dec 31, 2021 Amount Percentage Amount Percentage Accounts peceivable $ 535,800 $ 470,000 Inventory $ 856,800 $ 720,000 Total assets $3,265,700 % $2,890,000 LINK TO TEXT
Brief Exercise 217 Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.) December 31, 2017 Percentage December 31, 2016 Percentage December 31, 2017 December 31, 2016 $ 400,000 Accounts Receivable $ 400,000 Inventory 864,000 600,000 Total Assets 3,200,000 3,000,000 Question Attempts: 0 of 1 used
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 % $