4. Calculate the Balance Sheet from The Secret Sea Hotel & Resort year 2017- 2018 by completing the blank column for Vertical Analysis and Horizontal Analysis. - Total of 30 column to be completed. - Do assure to include the calculation, not only the final result. - Create a similar table format to answer this number. Horizontal Balance Sheet (USD) Vertical Analysis Horizontal Analysis 2017 2018 Vertical analysis Summary, as of December 2017 2018 Amount Liabilities Accounts Payable Long Term Liabilities Tax Payables 35.250 60.550 16% 25.300 11% 75.250 80.500 15.125 5.700 Total Liabilities 125.625 146.750 55% 21.125 17% .. Equity Common Stock 85.750 100.250 Retained Earnings 14.500 18.500 28% Total Equity 100.250 118.750 44% Total Liabilities & Equity 225.875 265.500 100%
4. Calculate the Balance Sheet from The Secret Sea Hotel & Resort year 2017- 2018 by completing the blank column for Vertical Analysis and Horizontal Analysis. - Total of 30 column to be completed. - Do assure to include the calculation, not only the final result. - Create a similar table format to answer this number. Horizontal Balance Sheet (USD) Vertical Analysis Horizontal Analysis 2017 2018 Vertical analysis Summary, as of December 2017 2018 Amount Liabilities Accounts Payable Long Term Liabilities Tax Payables 35.250 60.550 16% 25.300 11% 75.250 80.500 15.125 5.700 Total Liabilities 125.625 146.750 55% 21.125 17% .. Equity Common Stock 85.750 100.250 Retained Earnings 14.500 18.500 28% Total Equity 100.250 118.750 44% Total Liabilities & Equity 225.875 265.500 100%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:4. Calculate the Balance Sheet from The Secret Sea Hotel &
Resort year 2017- 2018 by completing the blank column for
Vertical Analysis and Horizontal Analysis.
- Total of 30 column to be completed.
- Do assure to include the calculation, not only the final result.
- Create a similar table format to answer this number.
Horizontal -
Balance Sheet (USD)
Vertical Analysis
Horizontal Analysis
2017
2018
Vertical analysis
Summary , as of December
2017
2018
Amount
Liabilities
Accounts Payable
Long Term Liabilities
Тах Рayables
35.250
60.550
16%
25.300
11%
75.250
80.500
15.125
5.700
Total Liabilities
125.625
146.750
55%
21.125
17%
9%
Equity
Common Stock
85.750
100.250
Retained Earings
14.500
18.500
28%
Total Equity
100.250
118.750
44%
Total Liabilities & Equity
225.875
265.500
100%
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education