(a) Introduction: Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time. To prepare: The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

Question

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Answer 1

Question

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Expert Solution & Answer

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Answer 2

Question

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Answer 6

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

Answer 7

Chapter 13, Problem 3E

To determine

(a)

Introduction:

Horizontal analysis is an analysis used to compare the historical data. It shows the changes in the amount of financial statements over the period of time.

To prepare:

The horizontal analyses with rounding the answer up to one decimal place. Also, compare the change in price of computers to the company’s change in sales revenue.

Answer 8

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Answer 9

To determine

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Answer 10

Expert Solution & Answer

Answer 11

Expert Solution & Answer

Answer 12

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Answer 13

Ch. 13 - Prob. 1Q Ch. 13 - Prob. 2Q Ch. 13 - What is ratio analysis? Why is it useful? Ch. 13 - What benchmarks are commonly used for interpreting...Ch. 13 - Prob. 5Q Ch. 13 - Why are some analyses called horizontal and others...Ch. 13 - Slow Cellar’s current ratio increased from 1.2 to...Ch. 13 - From last year to this year. Colossal Company’s...Ch. 13 - From last year to this year, Berry Barn reported...Ch. 13 - Prob. 10Q

Solution Summary: The author introduces horizontal analysis, which shows the changes in the amount of financial statements over a period of time.

(b)

Introduction:

Vertical analysis help to express each financial statement line item as a percentage of the base year.

To prepare:

Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Want to see the full answer?

Chapter 13 Solutions

Solution Summary: The author introduces horizontal analysis, which shows the changes in the amount of financial statements over a period of time.

(b) Introduction: Vertical analysis help to express each financial statement line item as a percentage of the base year. To prepare: Vertical analyses with rounding the answer up to one decimal place.To compare if the company earned more gross profit per sales dollar during 2013 compare to 2012.

Want to see the full answer?

Chapter 13 Solutions