The following asset information is available for LOC Inc.: Required Prepare a vertical analysis of assets. Round
Question:
Required
Prepare a vertical analysis of assets. Round percentages to one decimal point (i.e., 12.8%).
Transcribed Image Text:
2012 S 15,000 30,000 75,000 120,000 205,000 325,000 Cash Accounts receivable Inventory Total current assets Property and equipment Total assets
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Cash 15000325000 46 Accoun...View the full answer
Answered By
Sinmon Warui Kamau
After moving up and down looking for a job, a friend introduced me to freelance writing. I started with content writing and later navigated to academic writing. I love writing because apart from making a living out of it, it is also a method of learning and helping others to learn.
5.00+
40+ Reviews
45+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
The following asset information is available for BSI Inc.: Required Prepare a horizontal analysis of BSI's assets. Round percentages to one decimal point (i.e., 12.8%). 2012 2011 S 35,000 60,000 Cash...
-
Prepare a Vertical Analysis of Income Statement. (Show your % out to 2 Decimals, example =9.55% ) 1) Jan-1 The JW-Corp Received $120,000 from Investors in Exchange for 6,000 shares of Common Stock....
-
SOB Floor Company has a risk premium of 21% and a beta of 3. If the risk free rate is 3%, what should be the total expected market return? How much will $20,000 be in 20 years if the bank is paying...
-
Calculate the following ratios for both 2021 and 2020 years: current ratio, quick ratio, debt to equity ratio, debt ratio, gross profit ratio, net profit ratio, return on equity, return on total...
-
Several severe accidents have recently occurred in the 12- employee assembly department of Blakely Company, which has a total workforce of 65 employees. The supervisor of this department, Joe Benson,...
-
As you are aware, several financial ratios are used to determine organizational strength. Imagine you were asked to share your thoughts on two financial ratios you feel would be most helpful in...
-
Discuss corporate tactics that can be used in a down economy to keep top talent.
-
Assume the same facts as in Problem 31, except that Mike sells his land to a third party for $100,000 and then contributes that cash to the partnership in addition to the original $40,000...
-
what ways can educational curricula be tailored to nurture empathetic competencies among students, thereby fostering a more compassionate society ?
-
A project consists of three tasks: A, B, and C. Task A is known to take five days for sure. Tasks B and C are each dependent on A. B takes five days. C takes seven days with a probability of 0.5 and...
-
The income statements of Crisp Corp. for the past two years are as follows: Required Prepare and interpret a horizontal analysis of Crisp's income statements. Round percentages to one decimal point...
-
The income statements of High Noon Corp. for the past two years are as follows: Required Prepare and interpret a vertical analysis of High Noon's income statements. Round percentages to one decimal...
-
Against which other UML diagrams should a state machine be cross-checked? Project Initiation Document Requirements Team Use Case Model Requirements List Requirements capture and modelling Interface...
-
7. Give two real-world examples of a task that can be performed via cloud computing. List three (2) countermeasures that a user can put in place if they cannot connect to Cloud services to perform...
-
Using the IS PC MR model to compare the decision-making process taken by the central bank ( and forex market in the open economy) in a closed and open economy after an inflation shock ?
-
Why is GDP mentioned in business news so often and used as an important metric for our economy?
-
Why did Amazon choose UK as its first foreign entry location and not other countries such as Canada or Australia?
-
define some sources of data used for national income accounting. Once you have identified three or more, look them up and report what you have found.?
-
Use Laplace transforms to solve the initial value problems in Problems 1 through 16. x" + x = cos 3t; x (0) = 1, x'(0) = 0
-
CLASS PERIO Solving Linear Equations: Variable on Both Sides Solve each equation. 1) 6r+ 7 = 13 + 7r 3) -7x-3x+2=-8x-8 5)-14 +66+7-26=1+5b 7) n-3n = 14-4n 2) 13-4x=1-x 4)-8-x= x - 4x 6)n+2=-14-n 8)...
-
The statements of financial position of Parkway plc for 20X7 and 20X8 are given below, together with the income statement for the year ended 30 June 20X8. Statement of comprehensive income of Parkway...
-
Raiders plc prepares accounts annually to 31 March. The following figures, prepared on a conventional historical cost basis, are included in the companys accounts to 31 March 20X5. 1 In the income...
-
The historical cost accounts of Smith plc are as follows: Statement of financial position of Smith plc as at 31 December 20X8 Notes 1 Land and buildings were acquired in 20X0 with the buildings...
-
Explain various mapping procedures of cache memory with an example.?
-
4. The period of Jupiters moon lo is 1.5 x 10's and has a radius of orbit of 4.2 x 108 m calculate the mass of Jupiter using this information (1.9 x 1027 kg) 5. A lunar lander is to be placed in...
-
A diver explores a shallow reef off the coast of Belize. She initially swims d11 = 79.3 m north, makes a turn to the east, and continues for d22 = 154 m, then follows a big grouper (a kind of fish)...
Study smarter with the SolutionInn App