Formula: Divide; Cell Referencing Some cells are merged. Using Excel to Perform Vertical Analysis Student Work Area
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| Formula: Divide; Cell Referencing | |||||||||||||||
| Some cells are merged. | |||||||||||||||
| Using Excel to Perform Vertical Analysis | Student Work Area | ||||||||||||||
| PROBLEM | Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area. | ||||||||||||||
| Data from the comparative balance sheets of Rollaird Company is presented here. | |||||||||||||||
| December 31, 2022 | December 31, 2021 | Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. | |||||||||||||
| Accounts receivable (net) | $ 460,000 | $ 400,000 | |||||||||||||
| Inventory | 780,000 | 650,000 | December 31, 2022 | December 31, 2021 | |||||||||||
| Total assets | 3,164,000 | 2,800,000 | Amount | Percent | Amount | Percent | |||||||||
| Accounts receivable (net) | $ 460,000 | $ 400,000 | |||||||||||||
| Inventory | 780,000 | 650,000 | |||||||||||||
| Total assets | 3,164,000 | 2,800,000 | |||||||||||||
Expert Answer:
December 31 2022 December 31 2021 Using these data from the comparative balance s... View the full answer
Related Book For 
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Posted Date:
