4. Complete the vertical analysis and horizontal analysis of the comparative balance sheet for Seymour's Organics, LLC. Express percent to the nearest tenth of a percent. Before analysis you first need to fill the missing figures related to Balance Sheet positions (columns 2013 and 2012).
4. Complete the vertical analysis and horizontal analysis of the comparative balance sheet for Seymour's Organics, LLC. Express percent to the nearest tenth of a percent. Before analysis you first need to fill the missing figures related to Balance Sheet positions (columns 2013 and 2012).
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![4. Complete the vertical analysis and horizontal analysis of the comparative balance sheet for
Seymour's Organics, LLC. Express percent to the nearest tenth of a percent. Before analysis
you first need to fill the missing figures related to Balance Sheet positions (columns 2013
and 2012).
Seymour's Organies, LLC.
Comparative Balance Sheet
December 31, 2012 and 2013
Increase
Percent of
(decrease)
total assets
2013
2012
Amount
Percent
2013
2012
Assets
Current assets
$2,374
5,374
Cash
$2,184
Accounts receivable
4,286
Merchandise inventory
Total assets
15,589
16,107
Liabilities
Current liabilities
Accounts payable
Wages payable
$7,384
1.024
$6,118
964
Total liabilities
Owner's equity
James Seymour, capital
Total liabilities and owner's equity
14.929
15,495](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1c5c9e73-efa3-499d-9ea6-bec803dfda04%2F2cfb29ab-a36c-4bc5-bafe-3e504ba31f7e%2Ffrj36h_processed.png&w=3840&q=75)
Transcribed Image Text:4. Complete the vertical analysis and horizontal analysis of the comparative balance sheet for
Seymour's Organics, LLC. Express percent to the nearest tenth of a percent. Before analysis
you first need to fill the missing figures related to Balance Sheet positions (columns 2013
and 2012).
Seymour's Organies, LLC.
Comparative Balance Sheet
December 31, 2012 and 2013
Increase
Percent of
(decrease)
total assets
2013
2012
Amount
Percent
2013
2012
Assets
Current assets
$2,374
5,374
Cash
$2,184
Accounts receivable
4,286
Merchandise inventory
Total assets
15,589
16,107
Liabilities
Current liabilities
Accounts payable
Wages payable
$7,384
1.024
$6,118
964
Total liabilities
Owner's equity
James Seymour, capital
Total liabilities and owner's equity
14.929
15,495
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