Ex/ the following data balance sheet from Baghdad Company for year Balance sheet asset 2010 2009 80,000 90,000 Current asset 76,000 Fixed asset 99,000 25,000 Intangible asset 40,000 Total asset 200,000 210,000 Liabilities and equity Current liabilities 40,800 48,000 Long term liabilities 143,000 150,000 Property equity 12,000 Total liabilities 16,200 200,000 210,000 Required: prepare schedule showing horizontal and vertical analysis
Ex/ the following data balance sheet from Baghdad Company for year Balance sheet asset 2010 2009 80,000 90,000 Current asset 76,000 Fixed asset 99,000 25,000 Intangible asset 40,000 Total asset 200,000 210,000 Liabilities and equity Current liabilities 40,800 48,000 Long term liabilities 143,000 150,000 Property equity 12,000 Total liabilities 16,200 200,000 210,000 Required: prepare schedule showing horizontal and vertical analysis
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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