Make the financial analysis. Complete the data below. Show solution for a guide.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Make the financial analysis.
Complete the data below.
Show solution for a guide.

Transcribed Image Text:2019
2018
Rate of Inc(Dec)
Assets:
Current assets
P550,000.00
45%
21.98%
200,500.00
Long-term investments
Fixed assets (net)
Intangible assets
10%
25%
30%
0.76%
?
50,000.00
Total Assets
P1,211,500.00
Liabilities:
Current liabilities
20%
P200,800.00
Long-term liabilities
100,000.00
?
200,000.00
P400,800.00
Total liabilities
Owner's Equity
P869,200.00
60%
Total liabilities and equity
?
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