Based on the following standardized balance sheets, what are the total % increase in inventory and the
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Based on the following standardized balance sheets, what are the total % increase in inventory and the net % increase (eliminating the effects of the overall growth in total assets)?
Balance Sheet ($) | Balance Sheet | Balance Sheet | ||||||||||
Common-Size | Common- | Combined Common- | ||||||||||
Base Year | Size and Base Year | |||||||||||
2017 | 2018 | 2017 | 2018 | 2018 | 2018 | |||||||
Current Assets | ||||||||||||
Cash | 84 | 146 | 2.49 | 3.96 | 1.74 | 1.59 | ||||||
A/C receivables | 165 | 188 | 4.89 | 5.10 | 1.14 | 1.04 | ||||||
Inventory | 393 | 470 | 11.65 | 12.76 | ||||||||
Total current assets | 642 | 734 | 19.03 | 21.82 | 1.25 | 1.15 | ||||||
Fixed Assets | ||||||||||||
Net plant and equip | 2,731 | 2,880 | 80.97 | 78.18 | 1.05 | 0.97 | ||||||
Total Assets | 3,373 | 3,614 | 100.0 | 100.0 | 1.09 | 1.00 |
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
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