Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) Revenues Sales (net) Other revenues Total revenues Expenses RUNDLE COMPANY Vertical Analysis of Income Statements Year 4 Cost of goods sold Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income Amount $ 230,300 8,900 239,200 119,400 54,300 6,700 22,100 202,500 $ Percentage of Total 36,700 < Analysis Bal Sheet % Year 3 % Amount $ 211,200 5,300 216,500 103,000 50,000 Percentage of Total % 5,900 21,100 180,000 $ 36,500 Analysis Inc Stmt > % Show less
Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) Revenues Sales (net) Other revenues Total revenues Expenses RUNDLE COMPANY Vertical Analysis of Income Statements Year 4 Cost of goods sold Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income Amount $ 230,300 8,900 239,200 119,400 54,300 6,700 22,100 202,500 $ Percentage of Total 36,700 < Analysis Bal Sheet % Year 3 % Amount $ 211,200 5,300 216,500 103,000 50,000 Percentage of Total % 5,900 21,100 180,000 $ 36,500 Analysis Inc Stmt > % Show less
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3.
Complete this question by entering your answers in the tabs below.
Analysis Analysis
Bal Sheet Inc Stmt
Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages
may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345
should be entered as 23.45).)
Revenues
Sales (net)
Other revenues
Total revenues
RUNDLE COMPANY
Vertical Analysis of Income Statements
Year 4
Expenses
Cost of goods sold
Selling, general, and
administrative expense
Net income
Interest expense
Income tax expense
Total expenses
Amount
$
230,300
8,900
239,200
Percentage
of Total
119,400
54,300
6,700
22,100
202,500
$
36,700
< Analysis Bal Sheet
%
%
Year 3
Amount
$
211,200
5,300
216,500
103,000
50,000
5,900
21,100
180,000
$
Percentage
of Total
%
%
36,500
Analysis Inc Stmt >
Show less
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