**Horizontal Analysis**The comparative accounts payable and long-term debt balances for a company follow:| | Current Year | Previous Year ||--------------------|--------------|---------------|| **Accounts Payable** | $51,129 | $74,100 || **Long-term Debt** | $84,836 | $66,800 |Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.| | Amount of Change | Increase/Decrease | Percentage ||------------------|------------------|-------------------|------------|| **Accounts Payable** | $ | | % || **Long-term Debt** | $ | | % | This analysis helps identify trends over time, allowing for better financial decision-making.

Answered: Year $51,129 84,836 ormation, what is…

Year $51,129 84,836 ormation, what is the amount and percentage of increase or decrease I answers as positive numbers. Amount of Change $74,100 66,800 Increase/Decrease Percer

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

Year Initial Cost & Carrying amount Annual net cash flows Annual net profit 0 $ 150,000.00 1 $ 70,000.00 $ 50,000.00 $ 15,000.00 2 $ 42,000.00 $ 45,000.00 $ 17,000.00 3 $ 21,000.00 $ 40,000.00 $ 19,000.00 4 $ 7,000.00 $ 35,000.00 $ 21,000.00 5 $ - $ 30,000.00 $ 23,000.00 1. Terrys titles ltd is reviewing a capital investment proposal.The inital cost of the project and the net cash flows for every year presented in the schedule above. It is estimate that there would be no salvage value at the end of the investments life.Terry's uses a required rate of return of 10 per cent to evaluate new capital investment proposals. a. Calculate the…
Raghubhai
Asset End of year Amount Appropriate Required Return A 1 $5,000 18% 2 $5,000 3 $5,000 Cash Flow Using cell references to the given datea and the PV function, calculate the value of asset A.
Don't give answer in image
Inc. has a shoes and a shirts division. The company reported the following segmented income statement for last month: Division Total Shoes Shirts Sales $4,200,000 $3,000,000 $1,200,000 Variable expenses 2,000,000 1,500,000 500,000 Contribution Margin 2,200,000 1,500,000 700,000 Fixed Expenses 2,200,000 1,300,000 900,000 Net operating income (loss) O 200,000 (200,000) The company predicts that $250,000 of the fixed expenses being charged to the Shirts Division are allocated costs that will continue even if the Shirts Division is eliminated. The elimination of the Shirts Division will additionally cause a 20% drop in Shoes Division sales. If the company shuts down its Shirts Division, by how much will the company's overall net operating income change?
What is the termination cash flow (everything except the operational cash flow) at the end of year 5?
Abhaliya
What type of analysis is indicated by the following? Increase (Decrease) Current Year Preceding Year Amount Percent Current assets $ 430,000 $ 500,000 $(70,000) (14)% Fixed assets 1,740,000 1,500,000 240,000 16
fill the following missing cells
Income from Net Cash Year Operations Flow $100,000 $180,000 2 40,000 120,000 40,000 100,000 10,000 90,000 10,000 120,000 The net present value for this investment is 4, 5.
Cash Accounts receivable Equipment, net Land Total assets Current Year $7,440 $4,000 44,000 91,680 $197.120 Percent change Prior Year Required: Compute the annual dollar changes and percent changes for each of the following items $8,000 18,000 40,000 66,000 $132.000 (Use cells A2 to C7 from the given information to complete this question. Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Cash Accounts receivable Equipment, net Horizontal Analysis Calculation of Percent Change Numerator: Current Year $7,440 54,000 44,000 Prior Year $8,000 18,000 40,000 Denominator: Dollar Change Change
Cash Accounts receivable Equipment, net Land Total assets Percent change = Compute the annual dollar changes and percent changes for each of the following items. Note: Decreases should be entered with a minus sign. Round your percentage answers to one decimal place. Cash Accounts receivable Equipment, net Land Total assets $ Current Year $ 11,700 62,000 60,000 99,500 $ 233,200 $ Prior Year $ 14,600 27,500 53,000 74,000 $ 169,100 Horizontal Analysis - Calculation of Percent Change I Numerator: Current Year Prior Year S 11,700 14,600 62,000 27,500 60,000 53,000 99,500 74,000 233,200 $ 169,100 Denominator: Dollar Change Percent Chang