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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 % %

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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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 > % %
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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