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Income Statement: Sales COGS Margin 20 20 49k (32K) 191 2021 40k (26k) ..... current Yr- Prev. Yr Prev. Yr percentage HORIZONTAL ANALYSIS -9K (-6k) C Amount X100 24 -18.37% -18.95% 191 2020 2021 VEKTICAL ANALYSIS 100% 100% 65.31% Bir 14% 65°10 nu ca% 20%

Income Statement: Sales COGS Margin 20 20 49k (32K) 191 2021 40k (26k) ..... current Yr- Prev. Yr Prev. Yr percentage HORIZONTAL ANALYSIS -9K (-6k) C Amount X100 24 -18.37% -18.95% 191 2020 2021 VEKTICAL ANALYSIS 100% 100% 65.31% Bir 14% 65°10 nu ca% 20%

FINANCIAL ACCOUNTING
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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Make an analysis based on your understanding of the horizontal analysis and vertical analysis given. 

Income statement: Sales Less: DE : COGS CS Cross Margin Less! S+A EXP Operating Income Less: Interest Exp Income 64 taxes Less! Income taxes Net Income Earned Earnings Less: Dividends Retained E. Balance sheet: Assets: Current Assets! Cash A/R (net) Inventory prepaid Exp. Total C. Assets PPE (net) 30+7 TOTAL ASSETS Current ligh Bonds Payable Total bab Common Stock Refined Earnings total Equity toty) LIE Scanned with CamScanner 2021 40K (32K) (26k) 2020 49k 17.1 (89) IIK (11) lok (5K) 5K 6K EXIT (2K) 9K 400 5.5k 6K 200 12.1K 18.9K 31K =======" 71 912 1616 31K 14k3 (5K) X16 CIK) 8K (4K) 4.K 4K 8k (711) 7K 1008 6.5K 3K 300 10.6K 16.4k 27k 3k lok 131 71 71² 14² 27k - current yr - Prev. Yr Prev. Yr Amount percentage HORIZONTAL ANALYSIS 76- - (-6k) -3k (-IK) -2K (0) -2K (-IK) -IK Massa 7/12 - -3k 400 |K - 3K (-1K) -2K 100 -1.5k 2.5k -4K - 2K -2K 0 -2K 2K -18.37% - 18.95% x100 -17.65% -16.87% -18.18% 0 -20% -20% -20% -33.33% -27.27% -50% - 22.22% 100% 18.18% 0 -50% 50% - 12.20% -13.23% -12.90% -40% -13.33% -22.22% 12.5% -12.90%- 2020 2021 VERTICAL ANALYSIS $100% 100% 65% 35% 65.31% 34.69% 12.24% 22.45% 2.04% 20.41% 2.5% 20% 10.20% 10% 10.28% 10% 12.29% 10% 22.45% 20% 4.08% 2.5% 18.37% 17.5% 1.29% 17.74% 19.35% 0.65% 39-03% 60.97% 100% 16.13% 32.26% 48.39% 22.58% arnases 12.5% 12.5% 29.03% 51.41% 100% 2.96% 24.07% 11.11% 1.11% 39.26% 60.74% 100% 11.11% 37.04% 48.15% 25.925 245/25.925 51.85% 100% dis Easywrite
Transcribed Image Text:Income statement: Sales Less: DE : COGS CS Cross Margin Less! S+A EXP Operating Income Less: Interest Exp Income 64 taxes Less! Income taxes Net Income Earned Earnings Less: Dividends Retained E. Balance sheet: Assets: Current Assets! Cash A/R (net) Inventory prepaid Exp. Total C. Assets PPE (net) 30+7 TOTAL ASSETS Current ligh Bonds Payable Total bab Common Stock Refined Earnings total Equity toty) LIE Scanned with CamScanner 2021 40K (32K) (26k) 2020 49k 17.1 (89) IIK (11) lok (5K) 5K 6K EXIT (2K) 9K 400 5.5k 6K 200 12.1K 18.9K 31K =======" 71 912 1616 31K 14k3 (5K) X16 CIK) 8K (4K) 4.K 4K 8k (711) 7K 1008 6.5K 3K 300 10.6K 16.4k 27k 3k lok 131 71 71² 14² 27k - current yr - Prev. Yr Prev. Yr Amount percentage HORIZONTAL ANALYSIS 76- - (-6k) -3k (-IK) -2K (0) -2K (-IK) -IK Massa 7/12 - -3k 400 |K - 3K (-1K) -2K 100 -1.5k 2.5k -4K - 2K -2K 0 -2K 2K -18.37% - 18.95% x100 -17.65% -16.87% -18.18% 0 -20% -20% -20% -33.33% -27.27% -50% - 22.22% 100% 18.18% 0 -50% 50% - 12.20% -13.23% -12.90% -40% -13.33% -22.22% 12.5% -12.90%- 2020 2021 VERTICAL ANALYSIS $100% 100% 65% 35% 65.31% 34.69% 12.24% 22.45% 2.04% 20.41% 2.5% 20% 10.20% 10% 10.28% 10% 12.29% 10% 22.45% 20% 4.08% 2.5% 18.37% 17.5% 1.29% 17.74% 19.35% 0.65% 39-03% 60.97% 100% 16.13% 32.26% 48.39% 22.58% arnases 12.5% 12.5% 29.03% 51.41% 100% 2.96% 24.07% 11.11% 1.11% 39.26% 60.74% 100% 11.11% 37.04% 48.15% 25.925 245/25.925 51.85% 100% dis Easywrite
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