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
Related questions
Question
After performing a horizontal analysis, we can say that the company's current assets(increased/decrease)(in % and in 2 decimal places)
![ents
us
ers
nts
es
5
22]
ess
(Term
st
er, SY
2024)
[ABM22] Business Finance (Term 1, 1st Semester, SY 2023-2024)
Question 15 of 15
Fill in the blanks:
Current Assets
Cash
Accounts Receivable
Notes Receivable
Merchandise Inventory
Prepaid Insurance
Office Supplies
Total Current Assets
Non-Current Assets
Land
TOTAL ASSETS
FUNCAR AUTO SALES
Statement of Financial Position
For the years ended June 30, 2019 and 2020
ASSETS
Building
Less: Accumulated Depreciation - Building
Vehicles
Accumulated Depreciation - Vehicles
Total Non-Current Assets
Current Liabilities
LIABILITIES AND EQUITY
2019
167,850.00 P
87,780.00
69,900.00
77,250.00
16,500.00
9,990.00
429,270.00 P
1,250,000.00 D
750,000.00
265,000.00
668,000.00
104,000.00
2,299,000.00
P 2,728,270.00 P
2020
156,600.00
90,800.00
34,550.00
64,800.00
8,000.00
16,500.00
371,250.00
1,250,000.00
750,000.00
305,000.00
668,000.00
138,000.00
2,225,000.00
2,596,250.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f2b6d9c-9995-46fc-b7bd-b3d175cbc6f7%2F58662196-ad82-4449-8c59-16f257e1311a%2Fc5hiuid_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ents
us
ers
nts
es
5
22]
ess
(Term
st
er, SY
2024)
[ABM22] Business Finance (Term 1, 1st Semester, SY 2023-2024)
Question 15 of 15
Fill in the blanks:
Current Assets
Cash
Accounts Receivable
Notes Receivable
Merchandise Inventory
Prepaid Insurance
Office Supplies
Total Current Assets
Non-Current Assets
Land
TOTAL ASSETS
FUNCAR AUTO SALES
Statement of Financial Position
For the years ended June 30, 2019 and 2020
ASSETS
Building
Less: Accumulated Depreciation - Building
Vehicles
Accumulated Depreciation - Vehicles
Total Non-Current Assets
Current Liabilities
LIABILITIES AND EQUITY
2019
167,850.00 P
87,780.00
69,900.00
77,250.00
16,500.00
9,990.00
429,270.00 P
1,250,000.00 D
750,000.00
265,000.00
668,000.00
104,000.00
2,299,000.00
P 2,728,270.00 P
2020
156,600.00
90,800.00
34,550.00
64,800.00
8,000.00
16,500.00
371,250.00
1,250,000.00
750,000.00
305,000.00
668,000.00
138,000.00
2,225,000.00
2,596,250.00
![ABM22] Business Finance (Term 1, 1st Semester, SY 2023-2024)
Total Current Assets
429,270.00 P
371,250.00
Non-Current Assets
Land
Building
Less: Accumulated Depreciation - Building
Vehicles
Accumulated Depreciation - Vehicles
Total Non-Current Assets
TOTAL ASSETS
Current Liabilities
Account Payable
Interest Payable
Unearned Income
Total Current Liabilities
Non-Current Liabilities
LIABILITIES AND EQUITY
Notes Payable (Long-Term)
Total Liabilities
Finn, Capital, June 30
TOTAL LIABILITIES AND EQUITY
Dravu
I
P
4
1,250,000.00 P 1,250,000.00
750,000.00
750,000.00
265,000.00
305,000.00
668,000.00
668,000.00
104,000.00
138,000.00
2,299,000.00
2,225,000.00
2,728,270.00 P
399,050.00 P
1,270.00
362,550.00
762,870.00 P
1,100,000.00
1,862,870.00
865,400.00
2,596,250.00
438,100.00
2,550.00
440,650.00
950,000.00
1,390,650.00
1,205,600.00
After performing a horizontal analysis, we can say that the company's current assets
(in % and in 2 decimal places)
P 2,728,270.00 P 2,596,250.00
(increased/decrease](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f2b6d9c-9995-46fc-b7bd-b3d175cbc6f7%2F58662196-ad82-4449-8c59-16f257e1311a%2Fqs8pu4e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ABM22] Business Finance (Term 1, 1st Semester, SY 2023-2024)
Total Current Assets
429,270.00 P
371,250.00
Non-Current Assets
Land
Building
Less: Accumulated Depreciation - Building
Vehicles
Accumulated Depreciation - Vehicles
Total Non-Current Assets
TOTAL ASSETS
Current Liabilities
Account Payable
Interest Payable
Unearned Income
Total Current Liabilities
Non-Current Liabilities
LIABILITIES AND EQUITY
Notes Payable (Long-Term)
Total Liabilities
Finn, Capital, June 30
TOTAL LIABILITIES AND EQUITY
Dravu
I
P
4
1,250,000.00 P 1,250,000.00
750,000.00
750,000.00
265,000.00
305,000.00
668,000.00
668,000.00
104,000.00
138,000.00
2,299,000.00
2,225,000.00
2,728,270.00 P
399,050.00 P
1,270.00
362,550.00
762,870.00 P
1,100,000.00
1,862,870.00
865,400.00
2,596,250.00
438,100.00
2,550.00
440,650.00
950,000.00
1,390,650.00
1,205,600.00
After performing a horizontal analysis, we can say that the company's current assets
(in % and in 2 decimal places)
P 2,728,270.00 P 2,596,250.00
(increased/decrease
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