DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Dec. 31, 2022 Dec. 31, 2021 Accounts Receivable 460,000 400,000 Inventory 780,000 650,000 Total Assets 3,164,000 2,800,000 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). % Example: 30000 500000 = 6.0 to 3164000 Inventory 2022 780000 + = 24.75 %

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 10SPB: RATIO ANALY SIS OF COMPARATI VE FIN ANCIAL STATE MENT S Refer to the financial statements in Problem...
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Question
HCS/ x
What x SAAM X
Cove X
G how X
Hosp X
G beau X
+
O Week 4 Horizontal and Vertical Analysis
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical
analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance.
Dec. 31, 2022
Dec. 31, 2021
Accounts Receivable
460,000
400,000
Inventory
780,000
650,000
Total Assets
3,164,000
2,800,000
NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point
for the answer, as seen in the example below. The text box will highlight red if incorrect after
clicking the Submit button (bottom right corner).
Example:
30000 ÷
500000
6.0
%
Inventory 2022
÷
3164000 = 24.75
%
^4)
End
Insert
10
D
C
0 +
F7
(41)
F8
O
F9
780000
F10
F11
53°F Mostly cloudy
000
Home
F12
10
5/2
Transcribed Image Text:HCS/ x What x SAAM X Cove X G how X Hosp X G beau X + O Week 4 Horizontal and Vertical Analysis DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Dec. 31, 2022 Dec. 31, 2021 Accounts Receivable 460,000 400,000 Inventory 780,000 650,000 Total Assets 3,164,000 2,800,000 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). Example: 30000 ÷ 500000 6.0 % Inventory 2022 ÷ 3164000 = 24.75 % ^4) End Insert 10 D C 0 + F7 (41) F8 O F9 780000 F10 F11 53°F Mostly cloudy 000 Home F12 10 5/2
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