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
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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
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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