Complete the vertical analysis and horizontal analysis of the comparative balance sheet for Seymour's, LLC. Express percents
Question:
Transcribed Image Text:
Seymour's Organics, LLC. Comparative Balance Sheet December 31, 2012 and 2013 Increase (decrease) Percent of total assets 2013 2012 Amount Percent 2013 2012 Assets Current assets Cash Accounts receivable Merchandise inventory Total assets Liabilities Current liablies Accounts payable Wages payable Total liabilities Owner's equity James Seymour, capital Total liabilities and owner's equity $2,374 5,374 15,589 $2,184 4,286 16,107 $7,384 1,024 S6,118 964 14,929 15,495
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Seymours Organics LLC Comparative Balance Sheet December 31 2012 and 2013 Total assets for 2013 2374 ...View the full answer
Answered By
Ahsan Masood
3 yeqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb fqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb fqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb fqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb fqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb fqwwe erer dfdfdf sfs ereer errehw fdgh vghjhkj fghj fgfhfgjdh rgshtdv rtteujn ggrtheb f
0.00
0 Reviews
49+ Question Solved
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Question Posted:
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Finance questions
-
What is the purpose of vertical analysis and horizontal analysis?
-
Complete the vertical analysis and the horizontal analysis of the comparative balance sheet for Miller's Life Coaching. Express percents to the nearest tenth of a percent? Miller's Life Coaching...
-
You were not totally satisfied with the vertical analysis, so you now want to run a horizontal analysis of this company. Complete table 4-6. Perform a horizontal analysis on these accounts. Compare...
-
Conduct online research for federal income tax brackets for the current year. Which tax bracket do you fit into for your gross household income? How close is your gross household income to the next...
-
What is the purpose of a budget calendar?
-
Distinguish between a pre-equilibrium approximation and a steady-state approximation. Why might they lead to different conclusions?
-
The factor \(j_{\mathrm{D}}\) is also used in the correlation. This is defined as \[j_{\mathrm{D}}=S t(S c)^{2 / 3}=\frac{k_{\mathrm{m}}}{v_{\text {ref }}}(S c)^{2 / 3}\] where \(S t\) is the Stanton...
-
Your friendly foreign exchange trader has given you the following currency cross rates. The quotes are expressed as units of the currency represented in the left-hand column per unit of currency...
-
Solve the system of linear equations, using the Gauss-Jordan elimination method. (If there is no solution, enter NO SOLUTION. If there are infinitely many solutions, express your answer in terms of...
-
Is an oil pipeline a simplex system, a half-duplex system, a full-duplex system, or none of the above? What about a river or a walkie-talkie-style communication?
-
Calculate the P/E ratio and the price to book ratio for Buffalo Outback Outfitters?
-
Complete the following income statement and vertical analysis? Marten's Family Store Income Statement For Year Ending December 31, 2013 Percent of net sales Revenue: Gross sales Sales returns and...
-
Sevenson Environmental Services was hired to clean up a Superfund site in Manville, New Jersey, where the soil was contaminated with creosote. (Creosote is a flammable, oily mixture of chemical...
-
After completing this first part of Accounting, tell me what aspects of accounting that you can take with you to your future or current job? Do you think that the information presented in this course...
-
ABC Inc.'s directors have decided to declare a dividend and have announced that the record date is June 1 and the payment date will be July 1. Tim owned 1,000 shares of stock of ABC Inc. but sold...
-
why each financial ratio supports the decision to enter the cloud computing market?please explain it in detail.
-
Discuss the FIFO inventory cost method. Why would the FIFO inventory cost method be a good choice? Would the FIFO inventory method follow the actual flow of inventory?
-
You have just accepted a role as CEO of a company The company has both growing expenses and declining sales The Board of Directors have given you a two million dollar budget to turn the company...
-
In Exercises evaluate the definite integral. Use a graphing utility to verify your result. S xe-x dx
-
Apply Jacobis method to the given system. Take the zero vector as the initial approximation and work with four-significant-digit accuracy until two successive iterates agree within 0.001 in each...
-
Discount Electronics lists an article for $1020 less 25% and 15%. A competitor carries the same article for $927 less 25%. What further discount (correct to the nearest 110 of 1%) must the competitor...
-
What amount must be remitted if the following invoices, all with terms 4/10, 2/30, n/60, are paid on May 10? $850 less 20% and 10% dated March 21 $960 less 30 and 16 23% dated April 10 $1040 less 33...
-
An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be made on April 10 to reduce the debt to $1200?
-
What percentage of the American opportunity tax credit may be refundable?
-
You want to buy a house. You have $50,000 saved for the down payment and can pay $2,000 per month on the mortgage. The 30-year mortgage interest rate is 9% per year (equal to 0.75% per month). What...
-
Compute the Social Security and Medicare for Paul, Alex, and Andrea. The rates are 6 . 2 % for Social Security and 1 . 4 5 % for Medicare. Assume the Social Security limit is $ 1 4 2 , 8 0 0 and the...
Study smarter with the SolutionInn App