Vision, Inc.s comparative balance sheets follow. Prepare common-size statements and comment on the changes from 2013 to
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Vision, Inc. Comparative Balance Sheets December 31,2014 and 2013 2014 2013 Assets Current assets Property, plant, and equipment (net) Total assets S 48,000 260,000 $308,000 40,000 200,000 $240,000 Liabilities and Stockholders Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 36,000 180,000 92,000 $308,000 44,000 120,000 76,000 $240,000
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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