Problem 13-17A (Algo) Horizontal analysis LO 13-1 Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) Show less Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items RUNDLE COMPANY Horizontal Analysis of Balance Sheets Year 4 Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating; 7,700 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity Analysis Bal Sheet $ 17,700 $ 13,300 21,900 6,000 55,300 46,100 135,800 143,200 26,900 11,900 257,600 220,500 27,900 21,800 271,900 255,700 30,800 25,700 330,600 303,200 $588,200 $ 523,700 Year 3 $ 15,800 $ 4,800 112,200 99,500 20,100 14,400 148,100 118,700 99,900 31,900 131,800 279,900 77,000 99,900 25,800 125,700 244,400 77,000 77,000 77,000 154,300 125,300 308,300 279,300 $588,200 $ 523,700 % Change Analysis Inc Stmt % %
Problem 13-17A (Algo) Horizontal analysis LO 13-1 Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) Show less Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items RUNDLE COMPANY Horizontal Analysis of Balance Sheets Year 4 Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating; 7,700 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity Analysis Bal Sheet $ 17,700 $ 13,300 21,900 6,000 55,300 46,100 135,800 143,200 26,900 11,900 257,600 220,500 27,900 21,800 271,900 255,700 30,800 25,700 330,600 303,200 $588,200 $ 523,700 Year 3 $ 15,800 $ 4,800 112,200 99,500 20,100 14,400 148,100 118,700 99,900 31,900 131,800 279,900 77,000 99,900 25,800 125,700 244,400 77,000 77,000 77,000 154,300 125,300 308,300 279,300 $588,200 $ 523,700 % Change Analysis Inc Stmt % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:Problem 13-17A (Algo) Horizontal analysis LO 13-1
Prepare a horizontal analysis of both the balance sheet and income statement.
Complete this question by entering your answers in the tabs below.
Analysis Analysis
Bal Sheet Inc Stmt
Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by
a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).)
Show less
Assets
Current assets
Cash
Marketable securities
Accounts receivable (net)
Inventories
Prepaid items
Total current assets
Investments
RUNDLE COMPANY
Horizontal Analysis of Balance Sheets
Year 4
Plant (net)
Land
Total long-term assets
Total assets
Liabilities and Stockholders' Equity
Liabilities
Current liabilities
Notes payable
Accounts payable
Salaries payable
Total current liabilities
Noncurrent liabilities
Bonds payable
Other
Total noncurrent liabilities
Total liabilities
Stockholders' equity
Preferred stock (par value $10, 4%
cumulative, nonparticipating; 7,700 shares
authorized and issued)
Common stock (no par; 50,000 shares
authorized; 10,000 shares issued)
Retained earnings
Total stockholders' equity
Total liabilities & stockholders' equity
$
< Analysis Bal Sheet
17,700 $ 13,300
21,900
6,000
55,300
46,100
135,800
143,200
26,900
11,900
257,600
220,500
27,900
21,800
271,900
255,700
30,800
25,700
330,600
303,200
$588,200 $ 523,700
$ 15,800 $
112,200
20,100
148,100
Year 3
99,900
31,900
131,800
279,900
77,000
$588,200
4,800
99,500
14,400
118,700
99,900
25,800
125,700
244,400
77,000
% Change
77,000
77,000
154,300
125,300
308,300 279,300
$ 523,700
Analysis Inc Stmt >
%
%
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