Question 8 of TU Net Cash used in Financing Activities $ Effect of Exchange Rates on Cash $ Net Increase in Cash and Marketable Securities Cash and Marketable Securities at Beginning of Year Cash and Marketable Securities at End of Year eTextbook and Media $ Question 8 of 10 0.14/1 Analysts following the Wildhorse Golf Company were given the following balance sheet information for the years ended June 30, 2020, and June 30, 2019: \table[[Assets, 2020, 2019], [Cash and marketable securities, $33,521, $16,676 Question 8 of 10 0.14 1 \table[[Net plant and equipment,$1,512,730, $1,403, 220 pros of having a... Should College... MT480M1 Lab Competency Assessment 0.14 1 Question 8 of 10 Analysts following the Wildhorse Golf Company were given the following balance sheet information for the years ended June 30, 2020, and June 30, 2019: \table[[Assets, 2020, 2019], [Cash and marketable securities, $33,521, $16,676

Suppose the comparative balance sheets of Sage Hill Inc.. are presented here. SAGE HILL INC.Condensed Balance SheetMay 31($ in millions)     2020   2019 Assets         Current Assets   $9,680   $8,760 Property, plant, and equipment (net)   2,040   1,830 Other assets   1,490   1,640 Total assets   $13,210   $12,230 Liabilities and Stockholders' Equity         Current Liabilities   $3,160   $3,310 Long-term liabilities   1,340   1,370 Stockholders’ equity   8,710   7,550 Total liabilities and stockholders' equity   $13,210   $12,230 (a) Prepare a horizontal analysis of the balance sheet data for Sage Hill, using 2019 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) SAGE HILL INC.Condensed Balance SheetMay 31($ in millions)     2020   2019   Increase(Decrease)…

Presented below is the balance sheet of Pina Corporation for the current year, 2020. PINA CORPORATIONBALANCE SHEETDECEMBER 31, 2020 Current assets   $  486,360   Current liabilities   $  381,360 Investments   641,360   Long-term liabilities   1,001,360 Property, plant, and equipment   1,721,360   Stockholders’ equity   1,771,360 Intangible assets   305,000       $3,154,080     $3,154,080         The following information is presented. 1.   The current assets section includes cash $151,360, accounts receivable $171,360 less $11,360 for allowance for doubtful accounts, inventories $181,360, and unearned rent revenue $6,360. Inventory is stated on the lower-of-FIFO-cost-or-net realizable value. 2.   The investments section includes the cash surrender value of a life insurance contract $41,360; investments in common stock, short-term $81,360 and long-term $271,360; and bond sinking fund $247,280. The cost and fair value of investments in common stock are the same.…

Comparative balance sheet accounts of Flounder Inc. are presented below. FLOUNDER INC.COMPARATIVE BALANCE SHEET ACCOUNTSAS OF DECEMBER 31, 2020 AND 2019December 31Debit Accounts                            2020        2019Cash  $42,300  $34,000Accounts Receivable  70,600  59,600Inventory  30,000  23,900Equity investments  22,500  38,700Machinery  29,700  18,600Buildings  67,900  56,600Land  7,500  7,500            $270,500  $238,900Credit Accounts Allowance for Doubtful Accounts  $2,200  $1,500Accumulated Depreciation—Machinery  5,700  2,300Accumulated Depreciation—Buildings  13,600  8,900Accounts Payable  34,800  24,500Accrued Payables  3,300  2,700Long-Term Notes Payable  21,200  31,200Common Stock, no-par  150,000  125,000Retained Earnings  39,700  42,800                             $270,500  $238,900 Additional data (ignoring taxes): 1. Net income for the year was $43,100.2. Cash dividends declared and paid during the year were $21,200.3. A 20% stock dividend was declared during the…