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 %
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...
Related questions
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)
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O
F9
780000
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F11
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Home
F12
10
5/2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F29e057d5-e09f-4dbe-8abf-cb17c7bd5fa9%2F0912e488-34c4-48d3-87be-c03f3f5267c6%2Fpi7u3qb_processed.jpeg&w=3840&q=75)
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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