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4. VERTICAL ANALYSIS Our Company Statement of Financial Position December 31, 201A, and 201B ASSETS 201A 201B Current Assets Cash 160,000.00 200,000.00 Accounts Receivable, net 85,000.00 112,000.00 Inventory 60,000.00 55,000.00 Short-term investments 30,000.00 30,000.00 Prepaid Expenses 20,000.00 18,000.00 Total Current Assets 355,000.00 415,000.00 Non-Current Assets Land 810,000.00 810,000.00 Building, net Machinery, net 500,000.00 490,000.00 305,000.00 295,000.00 106,000.00 1,701,000.00 Furniture and Fixtures, net 108,000.00 Total Non-Current Assets 1,723,000.00 Total Assets 2,078,000.00 100% 2,116,000.00 100% LIABILITIES AND EQUITY Current Liabilities Accounts Payable 60,000.00 110,000.00 Short Term Liabilities 55,000.00 115,000.00 100,000.00 Total Current Liabilities 210,000.00 Non-Current Liabilities Long term Debts Bonds Payable 130,000.00 305,000.00 100,000.00 100,000.00 Total Non-current liabilities 230,000.00 405,000.00 Total Liabilities 345,000.00 615,000.00 Total Capital 1,733,000.00 1,501,000.00 Total Liabilities and Capital 2,078,000.00 100% 2,116,000.00 100%

4. VERTICAL ANALYSIS Our Company Statement of Financial Position December 31, 201A, and 201B ASSETS 201A 201B Current Assets Cash 160,000.00 200,000.00 Accounts Receivable, net 85,000.00 112,000.00 Inventory 60,000.00 55,000.00 Short-term investments 30,000.00 30,000.00 Prepaid Expenses 20,000.00 18,000.00 Total Current Assets 355,000.00 415,000.00 Non-Current Assets Land 810,000.00 810,000.00 Building, net Machinery, net 500,000.00 490,000.00 305,000.00 295,000.00 106,000.00 1,701,000.00 Furniture and Fixtures, net 108,000.00 Total Non-Current Assets 1,723,000.00 Total Assets 2,078,000.00 100% 2,116,000.00 100% LIABILITIES AND EQUITY Current Liabilities Accounts Payable 60,000.00 110,000.00 Short Term Liabilities 55,000.00 115,000.00 100,000.00 Total Current Liabilities 210,000.00 Non-Current Liabilities Long term Debts Bonds Payable 130,000.00 305,000.00 100,000.00 100,000.00 Total Non-current liabilities 230,000.00 405,000.00 Total Liabilities 345,000.00 615,000.00 Total Capital 1,733,000.00 1,501,000.00 Total Liabilities and Capital 2,078,000.00 100% 2,116,000.00 100%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4. VERTICAL ANALYSIS Our Company Statement of Financial Position December 31, 201A, and 201B ASSETS 201A 201B Current Assets Cash 160,000.00 200,000.00 Accounts Receivable, net 85,000.00 112,000.00 Inventory 60,000.00 55,000.00 Short-term investments 30,000.00 30,000.00 Prepaid Expenses 20,000.00 18,000.00 Total Current Assets 355,000.00 415,000.00 Non-Current Assets Land 810,000.00 810,000.00 Building, net Machinery, net Furniture and Fixtures, net 500,000.00 490,000.00 305,000.00 295,000.00 106,000.00 1,701,000.00 108,000.00 Total Non-Current Assets 1,723,000.00 Total Assets 2,078,000.00 100% 2,116,000.00 100% LIABILITIES AND EQUITY Current Liabilities Accounts Payable 60,000.00 110,000.00 Short Term Liabilities 55,000.00 100,000.00 Total Current Liabilities 115,000.00 210,000.00 Non-Current Liabilities Long term Debts Bonds Payable 130,000.00 305,000.00 100,000.00 100,000.00 Total Non-current liabilities 230,000.00 405,000.00 Total Liabilities 345,000.00 615,000.00 Total Capital 1,733,000.00 1,501,000.00 Total Liabilities and Capital 2,078,000.00 100% 2,116,000.00 100%
Transcribed Image Text:4. VERTICAL ANALYSIS Our Company Statement of Financial Position December 31, 201A, and 201B ASSETS 201A 201B Current Assets Cash 160,000.00 200,000.00 Accounts Receivable, net 85,000.00 112,000.00 Inventory 60,000.00 55,000.00 Short-term investments 30,000.00 30,000.00 Prepaid Expenses 20,000.00 18,000.00 Total Current Assets 355,000.00 415,000.00 Non-Current Assets Land 810,000.00 810,000.00 Building, net Machinery, net Furniture and Fixtures, net 500,000.00 490,000.00 305,000.00 295,000.00 106,000.00 1,701,000.00 108,000.00 Total Non-Current Assets 1,723,000.00 Total Assets 2,078,000.00 100% 2,116,000.00 100% LIABILITIES AND EQUITY Current Liabilities Accounts Payable 60,000.00 110,000.00 Short Term Liabilities 55,000.00 100,000.00 Total Current Liabilities 115,000.00 210,000.00 Non-Current Liabilities Long term Debts Bonds Payable 130,000.00 305,000.00 100,000.00 100,000.00 Total Non-current liabilities 230,000.00 405,000.00 Total Liabilities 345,000.00 615,000.00 Total Capital 1,733,000.00 1,501,000.00 Total Liabilities and Capital 2,078,000.00 100% 2,116,000.00 100%
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