Please provide the following: • Horizontal Analysis • Vertical Analysis

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 4E
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Please provide the following: • Horizontal Analysis • Vertical Analysis
Prepare common size statement
Gross sales
Sales return
Sales Discount
Net sales
COS
Selling expense
Admin expense
Asset
Cash
AR
Prepaid insurance
Prepaid rent
Marketable securities
Merchandise inventory
Furniture and fixtures [net]
Land
Building [net]
Total assets
Liabilities and Equity
AP
Notes Payable (due in 6 months)
Total liabilities
Shareholders Equity
Ordinary shares
Retained earnings
Treasury shares
Total Shareholders equity
Total liabilities and Shareholders Equity
B
2018
P3,050,000.00
P3,200.00
P3,000.00
P3,043,800.00
P2,790,000.00
P500,000.00
P300,000.00
2018
P350,000.00
P1,500,000.00
P30,000.00
P120,000.00
P200,000.00
P350,000.00
P400,000.00
P900,000.00
P2,500,000.00
P6,350,000.00
P900,000.00
P490,000.00
P1,390,000.00
P4,000,000.00
P1,010,000.00
(P50,000.00)
P4,960,000.00
P6,350,000.00
P0.00
C
D
Comprehensive income
2019
P4,750,000.00
P16,000.00
P7,000.00
P4,727,000.00
P2,299,000.00
P900,000.00
P700,000.00
Statement of Financial position
2019
P627,000.00
P1,600,000.00
P15,000.00
P120,000.00
P500,000.00
P550,000.00
P350,000.00
P900,000.00
P2,250,000.00
P6,912,000.00
P1,100,000.00
P600,000.00
P1,700,000.00
P4,000,000.00
P1,212,000.00
P5,212,000.00
P6,912,000.00
P0.00
E
F
2020
P8,988,000.00
P35,000.00
P20,100.00
P8,932,900.00
P5,051,000.00
P3,000,000.00
P1,500,000.00
2020
P550,000.00
P1,200,000.00
P50.000.00
P150,000.00
P1,000,000.00
P400,000.00
P300,000.00
P900,000.00
P2,000,000.00
P6,550,000.00
P600,000.00
P200,000.00
P800,000.00
25.000.000.00
P750,000.00
P5,750,000.00
P6,550,000.00
P0.00
G
H
2021
P13,450,000.00
P60,000.00
P45,000.00
P13,345,000.00
P7,605,000.00
P3,090,000.00
P1,900,000.00
2021
P1,500,000.00
P2,000,000.00
P50,000.00
P150,000.00
P500,000.00
P500,000.00
P450,000.00
P900,000.00
P1,750,000.00
P7,800,000.00
P990,000.00
P600,000.00
P1,590,000.00
P5,000,000.00
P1,210,000.00
P6,210,000.00
P7,800,000.00
P0.00
Transcribed Image Text:Prepare common size statement Gross sales Sales return Sales Discount Net sales COS Selling expense Admin expense Asset Cash AR Prepaid insurance Prepaid rent Marketable securities Merchandise inventory Furniture and fixtures [net] Land Building [net] Total assets Liabilities and Equity AP Notes Payable (due in 6 months) Total liabilities Shareholders Equity Ordinary shares Retained earnings Treasury shares Total Shareholders equity Total liabilities and Shareholders Equity B 2018 P3,050,000.00 P3,200.00 P3,000.00 P3,043,800.00 P2,790,000.00 P500,000.00 P300,000.00 2018 P350,000.00 P1,500,000.00 P30,000.00 P120,000.00 P200,000.00 P350,000.00 P400,000.00 P900,000.00 P2,500,000.00 P6,350,000.00 P900,000.00 P490,000.00 P1,390,000.00 P4,000,000.00 P1,010,000.00 (P50,000.00) P4,960,000.00 P6,350,000.00 P0.00 C D Comprehensive income 2019 P4,750,000.00 P16,000.00 P7,000.00 P4,727,000.00 P2,299,000.00 P900,000.00 P700,000.00 Statement of Financial position 2019 P627,000.00 P1,600,000.00 P15,000.00 P120,000.00 P500,000.00 P550,000.00 P350,000.00 P900,000.00 P2,250,000.00 P6,912,000.00 P1,100,000.00 P600,000.00 P1,700,000.00 P4,000,000.00 P1,212,000.00 P5,212,000.00 P6,912,000.00 P0.00 E F 2020 P8,988,000.00 P35,000.00 P20,100.00 P8,932,900.00 P5,051,000.00 P3,000,000.00 P1,500,000.00 2020 P550,000.00 P1,200,000.00 P50.000.00 P150,000.00 P1,000,000.00 P400,000.00 P300,000.00 P900,000.00 P2,000,000.00 P6,550,000.00 P600,000.00 P200,000.00 P800,000.00 25.000.000.00 P750,000.00 P5,750,000.00 P6,550,000.00 P0.00 G H 2021 P13,450,000.00 P60,000.00 P45,000.00 P13,345,000.00 P7,605,000.00 P3,090,000.00 P1,900,000.00 2021 P1,500,000.00 P2,000,000.00 P50,000.00 P150,000.00 P500,000.00 P500,000.00 P450,000.00 P900,000.00 P1,750,000.00 P7,800,000.00 P990,000.00 P600,000.00 P1,590,000.00 P5,000,000.00 P1,210,000.00 P6,210,000.00 P7,800,000.00 P0.00
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