Question: 1] Use the balance sheet and apply the comparative analysis to determine the difference and % change. 2] Use the income statement and apply the
1] Use the balance sheet and apply the comparative analysis to determine the difference and % change.
2] Use the income statement and apply the common size to determine the % change.
3] Please provide the interpretation on both statements analysis.
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Balance sheet data for Silver Corporation are presented here. Using Comparative Analysis SILVERT CORPORATION Balance Sheet December 31 Different Change 2012 2011 ASSET Cash 28,000 20,000 Receivable (net) 70,000 62,000 73,000 Other current assets 90,000 62,000 Long-term investment 60,000 510,000 Plant and equipment (net) 470,000 Total Assets 760,000 S 685,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities 70,000 75,000 Long-term debt 80,000 90,000 Common stock 330,000 300,000 Retained earnings 275,000 225,000 760,000 685,000
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Balance sheet data for Silver Corporation are presented here Using Comparative Analysis SILVERT CORPORATION Balance Sheet December 31 Different Change ... View full answer
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