Report Date Scale Cash & cash equivalents Accounts receivable, gross Horizontal Analysis (Y3-Y2) Y3 Y2 Y1 Vertical Analysis Y3 Vertical Analysis Y2 Thousands Thousands Thousands 40,732 1,184,335 53,770 1,130,565 841.784 889,793 1,271,437 40,450 1,230,987 898,627 205,744 1,163,695 49,420 1,114,275 840,603 Less: allowance for doubtful accounts Accounts receivable, less allowance Finished goods
Report Date Scale Cash & cash equivalents Accounts receivable, gross Horizontal Analysis (Y3-Y2) Y3 Y2 Y1 Vertical Analysis Y3 Vertical Analysis Y2 Thousands Thousands Thousands 40,732 1,184,335 53,770 1,130,565 841.784 889,793 1,271,437 40,450 1,230,987 898,627 205,744 1,163,695 49,420 1,114,275 840,603 Less: allowance for doubtful accounts Accounts receivable, less allowance Finished goods
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Calculate the horizontal analysis, vertical analysis Y3 and Y2. All need to be expressed as percentages.

Transcribed Image Text:Report Date
Y3
Y2
Y1
Horizontal Analysis
Vertical Analysis Y3
Vertical Analysis Y2
Scale
Thousands Thousands Thousands
(Y3-Y2)
889,793
Cash & cash equivalents
Accounts receivable, gross
40,732
1,184,335
205,744
1,271,437
40,450
1,163,695
49,420
Less: allowance for doubtful accounts
53,770
Accounts receivable, less allowance
1,230,987
1,114,275
1,130,565
Finished goods
898,627
840,603
841,784
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