Using comparative financial statements of Zayed Abu Dhabi Corporation above, prepare common size statements. Zayed Abu Dhabi Corporation Comparative Balance Sheets For the years ended December 31, 2020 and 2019 Comparative Balance Sheets For the years ended December 31, 2020 and 2019 2020 2019 Common Size 2020 Common Size 2019 Cash.................................................... 58 78 Accounts recble., net......................... 514 490 Merchandise inventory....................... 1332 1802 Plant assets, net................................. 2020 2014 Total assets........................................ 4442 4002
Using comparative financial statements of Zayed Abu Dhabi Corporation above, prepare common size statements. Zayed Abu Dhabi Corporation Comparative Balance Sheets For the years ended December 31, 2020 and 2019 Comparative Balance Sheets For the years ended December 31, 2020 and 2019 2020 2019 Common Size 2020 Common Size 2019 Cash.................................................... 58 78 Accounts recble., net......................... 514 490 Merchandise inventory....................... 1332 1802 Plant assets, net................................. 2020 2014 Total assets........................................ 4442 4002
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Using comparative financial statements of Zayed Abu Dhabi Corporation above, prepare common size statements.
Zayed Abu Dhabi Corporation |
Comparative |
For the years ended December 31, 2020 and 2019 |
Comparative Balance Sheets |
||||
For the years ended December 31, 2020 and 2019 |
||||
|
2020 |
2019 |
Common Size 2020 |
Common Size 2019 |
Cash.................................................... |
58 |
78 |
|
|
Accounts recble., net......................... |
514 |
490 |
|
|
Merchandise inventory....................... |
1332 |
1802 |
|
|
Plant assets, net................................. |
2020 |
2014 |
|
|
Total assets........................................ |
4442 |
4002 |
|
|
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