2018 2019 2020 Receivables 2,870 2,944 1,963 4,051 Payables 1,862 3,613 Long-term debt 500 1,000 950 Sales 11,863 14,952 16,349 Inventories 2,031 2,613 3,287 Bank loan 250 900 1,050 Accruals 301 516 587 Cash 561 387 202 Net fixed assets 2,581 2,276 4,430 2,471 4,364 2,793 5,704 Selling, general, and administrative expenses Shareholder's equity 4,223 4,940 Interest 73 188 200 Cost of goods sold 8,537 11,124 12,016 Таxes 390 452 576 Total assets ? ? Current assets ? ? Current liabilities ? ? Total liabilities and shareholder's equity ? ? Gross Profit ? ? Profit before taxes ? Net Income ? ? Requirements: 2. Conduct a vertical and horizontal analysis for Balance sheet and Income statement.
2018 2019 2020 Receivables 2,870 2,944 1,963 4,051 Payables 1,862 3,613 Long-term debt 500 1,000 950 Sales 11,863 14,952 16,349 Inventories 2,031 2,613 3,287 Bank loan 250 900 1,050 Accruals 301 516 587 Cash 561 387 202 Net fixed assets 2,581 2,276 4,430 2,471 4,364 2,793 5,704 Selling, general, and administrative expenses Shareholder's equity 4,223 4,940 Interest 73 188 200 Cost of goods sold 8,537 11,124 12,016 Таxes 390 452 576 Total assets ? ? Current assets ? ? Current liabilities ? ? Total liabilities and shareholder's equity ? ? Gross Profit ? ? Profit before taxes ? Net Income ? ? Requirements: 2. Conduct a vertical and horizontal analysis for Balance sheet and Income statement.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:PART I- FMT Company had the following balance sheets and income statements accounts over the last
three years (in thousands).
2018
2019
2020
4,051
3,613
950
Receivables
1,963
2,870
Payables
Long-term debt
1,862
500
11,863
2,944
1,000
Sales
14,952
16,349
3,287
Inventories
2,031
2,613
Bank loan
250
900
1,050
Accruals
301
516
587
Cash
561
387
202
Net fixed assets
2,581
4,430
4,364
2,793
Selling, general, and administrative expenses
Shareholder's equity
2,276
2,471
4,223
4,940
5,704
Interest
73
188
200
Cost of goods sold
8,537
11,124
12,016
Таxes
390
452
576
Total assets
Current assets
?
?
?
Current liabilities
?
?
Total liabilities and shareholder's equity
?
Gross Profit
?
Profit before taxes
Net Income
Requirements:
2. Conduct a vertical and horizontal analysis for Balance sheet and Income statement.
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