II. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the following Balance Sheet and Income Statement Income Statement 2019 $82,135 Revenue Total Expenses Cost of Goods Sold SO Expenses Other Expenses Interest Expense Provision for Taxes Net Income 32,574 15,931 11,304 3.210 4,536 Assets Cash and Marketable Securities Accounts Receivable Inventory Total Current Assets Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Long-Term Debt Total Liabilities Shareholders Equity Total Liabilities and Equity TA Balance Sheet 2019 $12,095 15,700 18,324 15,000 $3,590 28,590 VA 2020 $94,571 35,872 16,782 10,947 4,015 5,200 2020 $15,035 14,200 18,540 17.008 $9,000 27.500 VA VA HA HA

II. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the following Balance Sheet and Income Statement Income Statement 2019 $82,135 Revenue Total Expenses Cost of Goods Sold SO Expenses Other Expenses Interest Expense Provision for Taxes Net Income 32,574 15,931 11,304 3.210 4,536 Assets Cash and Marketable Securities Accounts Receivable Inventory Total Current Assets Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Long-Term Debt Total Liabilities Shareholders Equity Total Liabilities and Equity TA Balance Sheet 2019 $12,095 15,700 18,324 15,000 $3,590 28,590 VA 2020 $94,571 35,872 16,782 10,947 4,015 5,200 2020 $15,035 14,200 18,540 17.008 $9,000 27.500 VA VA HA HA

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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Question

II. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the
following Balance Sheet and Income Statement
Revenue
Total Expenses
Cost of Goods Sold
SG Expenses
Other Expenses
Interest Expense
Provision for Taxes
Net Income
Income Statement
2019
$82,135
32,574
15,931
11,304
3,210
4,536
Assets
Cash and Marketable Securities
Accounts Receivable
Inventory
Total Current Assets
Property, Plant and Equipment
Total Assets
Liabilities and Stockholders'
Equity
Current Liabilities
Long-Term Debt
Total Liabilities
Shareholders' Equity
Total Liabilities and Equity
VA
Balance Sheet
2019
$12,095
15,700
18,324
15,000
$8,590
28,590
VA
2020
$94,571
35,872
16,782
10,947
4,015
5,200
2020
$15,035
14,200
18,540
17,008
$9,000
27,500
VA
VA
HA
HA

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