Question

reach yea Sigma Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 ace, X.X%.) nce sheet 1 2018 2017 ns, Inc.
Sigma Designs, Inc. has the following data: Click the icon to view the data.) Perform a vertical analysis of Sigma Designs b
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution

Sigma Designs, Inc
Comparative Balance sheet
December 31, 2018 and 2017
2018 Percent of Total
     Assets
Total Current assets $       42,750.00 15.0%
Property plant and equipment, net $    208,335.00 73.1%
Other assets $       33,915.00 11.9%
Total assets $    285,000.00 100.0%
      Liabilities
Total Current liabilities $       49,020.00 17.2%
Long term debt $    109,155.00 38.3%
Total liabilities $    158,175.00 55.5%
       Stockholder's Equity $    126,825.00 44.5%
Total Stockholder's equity $    126,825.00 44.5%
Total liabilities and stockholder's equity $    285,000.00 100.0%
Add a comment
Know the answer?
Add Answer to:
reach yea Sigma Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 ace, X.X%.) nce...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Delta Designs, Inc. has the following data: Perform a vertical analysys of Delta Designs' balance sheet...

    Delta Designs, Inc. has the following data: Perform a vertical analysys of Delta Designs' balance sheet for each year. Delta Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets $ 25,000 $69,300 153,600 184,275 61,425 $ 200,000 $ 315,000 21,400 Liabilities Total Current Liabilities Long-term Debt Total Liabilities $ 27,600 $53,550 204,750 72,400 00,000 258,300 Stockholders' Equity 100,000 56,700 Total Stockholders' Equity $ 200,000...

  • Data Table Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets...

    Data Table Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets $ 42,750 $ 208,335 33,915 285,000 $ 42,770 105,560 33,670 182,000 Total Assets Liabilities Total Current Liabilities S 49.020 $ 29,484 - Print Done RA Data Table Other Assets 33,915 285,000 $ Total Assets 33,670 182,000 Liabilities Total Current Liabilities 49,020 $ 109,155 29,484 126,490 158,175 155,974 Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Total...

  • %E17-17 (similar to) Question Help Kappa Designs, Inc. has the following data: :: (Click the icon...

    %E17-17 (similar to) Question Help Kappa Designs, Inc. has the following data: :: (Click the icon to view the data) Perform a vertical analysis of Kappa Designs's balance sheet for each year. Begin by performing a vertical analysis of Kappa Designs's balance sheet for 2016, then perform the analysis for 2015. (Round the percent of total amounts to one decimal place, XX%) Kappa Designs, Inc. Balance Sheet December 31, 2016 and 2015 2016 Percent of Total Assets Total Current Assets...

  • Kapow, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 $ 200,000 550,000 50,000...

    Kapow, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 $ 200,000 550,000 50,000 $800,000 $100,000 500,000 50,000 $650,000 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $150,000 350,000 500,000 $100,000 250,000 350,000 300,000 $800,000 300,000 $650,000 Perform a vertical analysis of Kapow's balance sheet for each year. (Round to one decimal plac

  • gamma designs inc has rhe following data Gamma Designs, Inc. has the following data: (Click the...

    gamma designs inc has rhe following data Gamma Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Gamma Designs balance sheet for each year Begin by performing a vertical analysis of Gamma Designs' balance sheet for 2018, then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, XXX.) Gamma Designs, Ine. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of...

  • Riley Designs has requested that you perform a vertical analysis of its balance sheet. (Round percents...

    Riley Designs has requested that you perform a vertical analysis of its balance sheet. (Round percents to two decimal places.) (Click the icon to view the balance sheet of the company.) 1 Data Table Riley Designs, Inc. Vertical Analysis of Balance Sheet As of December 31 For the year (in thousands) Percentage (rounded) Riley Designs, Inc. Balance Sheet As of December 31 Assets $ Total current assets Property, plant and equipment, net For the year (in thousands) 43,605 204,915 36,480...

  • Press Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current...

    Press Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash $ 19,000 $ 18,000 Accounts Receivable 52.000 49,000 Merchandise Inventory 81,000 85,000 Long-term Assets: Plant Assets 269,100 219,600 Accumulated Depreciation Plant Assets (45,100) 98,000 (36,600) 75,000 Investments Total Assets $ 474,000 $ 410,000 Liabilities Current Liabilities: Accounts Payable Salaries Payable Long-term Liabilities: $ 78,000 $ 2,500 72,000 3,500 60,000 71,000 Notes Payable Total Liabilities 140,500 146,500 Stockholders' Equity Common Stock, no par...

  • Preston Media Corporation Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets $ Current...

    Preston Media Corporation Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets $ Current Assets: Cash Accounts Receivable Long-term Assets: Plants Assets 5,000 $ 9,600 3,900 5,100 Accumulated Depreciation—Plant Assets 105,350 84,350 (29,350) (18,350) 90,600 $ 75,000 $ Total Assets Liabilities Current Liabilities: Accounts Payable $ 8,000 $ 4,500 Long-term Liabilities: 9,000 12,000 17,000 16,500 Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings 27,000 46,600 73,600 90,600 $ 23,000 35,500 58,500 75,000 Total Stockholders'...

  • 0 Comparative Balance Sheet Waterman Pet Supply, Inc. Comparative Balance Sheet December 31, 2018 and 2017...

    0 Comparative Balance Sheet Waterman Pet Supply, Inc. Comparative Balance Sheet December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Current Assets Cash and cash equivalents Accounts receivable Inventory Fixed Assets 6,300 $ 25,100 91,500 7,000 $ 26,400 89,500 (700) (1,300) 2,000 Print Done 0 Comparative Balance Sheet 91,500 89,500 2,000 Inventory Fixed Assets: Land Equipment, net 89,100 60,900 53,500 49,500 265,500 $ 233,300 $ 28,200 4,000 32,200 $ $ Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities:...

  • The comparative balance sheet for Desmond Isle Travel Services, Inc., for December 31, 2017 and 2016,...

    The comparative balance sheet for Desmond Isle Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Desmond Isle Travel Services, Inc.: (Click the icon to view the transaction data) Desmond Isle Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2017. (Use parentheses...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT