Please fill out vertical analysis of this balance sheet to determine component percentage of assets liabilities and stockholders equity based on data. Round percentages to the nearest hundredths percent Vertical Analysis Balane sheetDec 31, 2018ASSe+sTOTAL CURRENTASSETSPROPERTY PLANT, EQUIPMENT,NE7 217,770OTHER ASSETSTOTAL ASSE ISAMOUNTS"%. OF tota!ताg431615ン。431615305,000LIABILITIESTOTAL URRENT LIABILITIESLONG TERM DEBTTOTAL LIABILITIESSTOCKHOLDER5 EQUITYTOTAL STOCKHOLDERSEQUITYTOTAL LIABILITLES AND570CKHOCDERSEQUITYS,240116,205167,4457.137,5S2.30S, 000 homepausedn bat shiftBalance eheet31, 2018DecASset stotal current assets43,615property, plant,equipment.net 217,770Other assels43,615305,000totalassetsliabilitiestotal Current liabilitiesTông term debttotal liabilities51,24016,205167,445stockholders equitytotal sdockholdes equitytotal liabilitiesand shctholders equity137,55530S,000

Balance Sheet December 31, 2018 Assets Total Current Assets 43615 (43615/305000)…

Vertical Analysis Balance sheet Dec 31, 2018 ASSets TOTAL CURRENT ASSETS PROPERTY PLANT, EQUIPMENT,NET 217,770 OTHER ASSETS TOTAL ASSETS AMOUNTS %% OF total 431615 4215 ン。 431615 305,000 LIABILITIES TOTAL URRENT LIABIUTIES LONG TERM DEBT TOTAL LIABILI TIES ETOCKHOLDER5 EQUITY TOTAL STOCKKHOLDERS EQUITY OTAL LIABILITLES AND 570CKHOCDERS EQUITY S,240 116,205 167,445 ン。 137,555 2. 30s, 000

Vertical Analysis Balance sheet Dec 31, 2018 ASSets TOTAL CURRENT ASSETS PROPERTY PLANT, EQUIPMENT,NET 217,770 OTHER ASSETS TOTAL ASSETS AMOUNTS %% OF total 431615 4215 ン。 431615 305,000 LIABILITIES TOTAL URRENT LIABIUTIES LONG TERM DEBT TOTAL LIABILI TIES ETOCKHOLDER5 EQUITY TOTAL STOCKKHOLDERS EQUITY OTAL LIABILITLES AND 570CKHOCDERS EQUITY S,240 116,205 167,445 ン。 137,555 2. 30s, 000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Indicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholders’ equity, (4) book value per share of common stock, and (5) retained earnings. Assume that the current ratio is greater than 1:1. (Indicate the effect of each transactions by selecting "+" for increase, "–" for decrease, and "NC" for no change.) Collected account receivable. Wrote off account receivable. Converted a short-term note payable to a long-term note payable. Purchased inventory on account. Declared cash dividend. Sold merchandise on account at a profit. Issued stock dividend. Paid account payable. Sold building at a loss. Current RatioWorking CapitalStockholders' EquityBook ValueRetained Earnings a. b. c. d. e. f. g. h. i.
compare the current rate method and the temporal method, evaluate how each aff ects theparent company’s balance sheet and income statement, and determine which method isappropriate in various scenarios;
Assets, liabilities, and stockholders' equity are all found within which of the following financial statements? Select one: a. Income Statement. b. Balance Sheet / Statement of Financial Position. c. Statement of Shareholders' equity. d. Retained earnings statement.
In horizontal analysis, each item is expressed as a percentage of the a. latest year figure. b. net income figure. c. total assets. O d. earliest year figure.
Under the column Financial Statement, choose from the list of codes below, the appropriate financial statement where the accounts listed would appear. Financial Statement Code Income Statement I/S Balance Sheet B/S Statement of Owner's Equity O/E b. For the column Balance Sheet Classification, choose the appropriate balance sheet classification from the list of codes below. If the account does not belong on the balance sheet, use the code n/a. Balance Sheet Classification Code Current Assets CA Long-term Investments LTI Property, Plant and Equipment PPE Intangibles I Goodwill G Current Liabilities CL Non-Current Liabilities NCL Owner's Equity OE Not on the Balance Sheet n/a a. b. Accounts in financial statement Financial Statement Balance Sheet Classification Accumulated depreciation – furniture Interest…
Indicate where each of the following items is reported on financial statements. Choose from the followingcategories: (a) current assets, (b) long-term investments, (c) current liabilities, (d) long-term liabilities,(e) other revenues and gains, ( f ) other expenses and losses, and (g) equity. Fair value adjustment—Trading
The cumulative balance of other comprehensive income is reported in (Enter 1, 2, 3, or 4 that represents the correct answer): statement of retained earnings income statement assets section of the balance sheet stockholders’ equity section of the balance sheet
Match the following ratio functions with the ratio (place the number of your chosen answer into the box with the border beside the term you think it goes with : Dividend Yield Debt ratio Current Ratio Price/Earnings Ratio Acid-test ratio Earnings per share 1. The amount of net income earned for each share of the company's common stock 2. The percentage of a stock's market value returned to stockholders as dividends each period 3. The ability to pay current liabilities with current assets. 4. The percentage of assets financed with debt. 5. The ability to pay all current liabilities if they come due immediately. 6. The market price of $1 of earnings.
Please solve for PART A (liquidity’s current ratio, account receivables turnover, and inventory turnover/profitability’s profit margin, asset turnover, return on assets, and earnings per share) and PART B (return on common stockholder’s equity, debt to assets ratio, and price earnings ratio)
Using the given information, create a pro forma balance sheet. Covering all Assets and Liabilities listed within both photos.
Vertical Analysis of Balance Sheet Balance sheet data for a company for the years ended December 31, 20Y2 and 20Y1, are shown below. 20Y2 20Υ1 Current assets $ 752,000 $ 602,000 Property, plant, and equipment 6,248,000 5,397,000 Intangible assets 1,000,000 1,001,000 Current liabilities 504,000 427,000 Long-term liabilities 1,504,000 1,197,000 Common stock 1,248,000 1,253,000 Retained earnings 4,744,000 4,123,000 | Prepare a comparative balance sheet for 20Y2 and 20Y1, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. Round your answers to one decimal place. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent Assets Current assets $752,000 % $602,000 % Property, plant, and equipment 6,248,000 5,397,000 Intangible assets 1,000,000 1,001,000
The statement of stockholders' equity should be prepared Group of answer choices before the income statement and after the balance sheet before the income statement and balance sheet after the income statement and balance sheet after the income statement and before the balance sheet