ACCT 363 Assignment 1 1. Discuss the major types of business analysis. 2. Identify and describe...

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ACCT 363 Assignment 1 1. Discuss the major types of business analysis. 2. Identify and describe the five important tools of financial analysis. 3. What are the differences between Horizontal and vertical analysis? 4. Identify the additiorial sources of financial reporting informatiorn (beyond financial statements) that are useful for analysis. 5. The comparative statements of financial position of Haley Corr pany appears below: HALEY COMPANY Comparative Statements of Financial Position December 31, Assets Plant assets Current assets Total assets 2017 $ 640 360 $1.000 2016 $ 500 300 S 800 Equity and iabilies Share capital - ordinary Retained eamings Non-current liabilities... $ 350 260 240 $ 280 240 160 120 S 800 Current liabilities Total equity and liabilities 150 $1,000 Instructions (a) Using horizontal analysis, show the percentage change for each statement of financial position item usin 2016 as a base year. (b) Using vertical ana ysis, prepare a common size comparative statement of financial position. ACCT 363 Assignment 1 1. Discuss the major types of business analysis. 2. Identify and describe the five important tools of financial analysis. 3. What are the differences between Horizontal and vertical analysis? 4. Identify the additiorial sources of financial reporting informatiorn (beyond financial statements) that are useful for analysis. 5. The comparative statements of financial position of Haley Corr pany appears below: HALEY COMPANY Comparative Statements of Financial Position December 31, Assets Plant assets Current assets Total assets 2017 $ 640 360 $1.000 2016 $ 500 300 S 800 Equity and iabilies Share capital - ordinary Retained eamings Non-current liabilities... $ 350 260 240 $ 280 240 160 120 S 800 Current liabilities Total equity and liabilities 150 $1,000 Instructions (a) Using horizontal analysis, show the percentage change for each statement of financial position item usin 2016 as a base year. (b) Using vertical ana ysis, prepare a common size comparative statement of financial position.

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1 business analysis There are three main types of business analysis functional process and organizational Functional business analysis looks at the current system to see how it works and what the cust... View the full answer