ABCDEFGKMN OPFormula: Divide; Cell ReferencingUsing Excel to Perform Vertical AnalysisStudent Work AreaPROBLEMRequired: Provide input into cells shaded in yellow in this template. Use mathematicalformulas with cell references to this work area.Data from the comparative balance sheets of Rollaird Company ispresented here.December 31,December 31,Using these data from the comparative balance sheets of Rollaird Company, perform verticalanalysis.20222021Accounts receivable (net)2$460,000 $400,0001.December 31, 2021InventoryTotal assets780,000650,000December 31, 20223,164,0002,800,000AmountPercentAmountPercentAccounts receivable (net)$ 460,000$400,000Inventory780,000650,000Total assets3,164,0002,800,000

The comparative balance sheet is used to compare the financial statement of two or more accounting…

Formula: Divide; Cell Referencing Using Excel to Perform Vertical Analysis PROBLEM Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area. Data from the comparative balance sheets of Rollaird Company is presented here. December 31, December 31, 2021 Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. 2022 Accounts receivable (net) $ 460,000 $ 400,000 650,000 Inventory Total assets December 31, 2022 Amount $ 460,000 780,000 December 31, 2021 3,164,000 2,800,000 Percent Amount Percent Accounts receivable (net) $ 400,000 Inventory 780,000 650,000 Total assets 3,164,000 2,800,000

Formula: Divide; Cell Referencing Using Excel to Perform Vertical Analysis PROBLEM Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area. Data from the comparative balance sheets of Rollaird Company is presented here. December 31, December 31, 2021 Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. 2022 Accounts receivable (net) $ 460,000 $ 400,000 650,000 Inventory Total assets December 31, 2022 Amount $ 460,000 780,000 December 31, 2021 3,164,000 2,800,000 Percent Amount Percent Accounts receivable (net) $ 400,000 Inventory 780,000 650,000 Total assets 3,164,000 2,800,000

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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