Question: Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your



Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. i.e., .234 should be entered as 23.4).) RUNDLE COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change $ 17,600 21,800 55,800 136,000 25,400 256,600 29,000 271,200 30,700 330.900 587,500 13,400 7.800 46.600 144.100 10,300 222 200 21.200 255,500 25,300 302.000 524,200 $ $ Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10,4% cumulative, nonparticipating: 7,500 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity $ 15,100 112,200 20,800 148, 100 5,500 100,000 13,700 119.200 98,600 32,000 130,600 278,700 98,600 25,700 124,300 243,500 75,000 75,000 158,800 308,800 587,500 75,000 75,000 130,700 280,700 524,200 $ $ Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. i.e., .234 should be entered as 23.4).) Percentage Change RUNDLE COMPANY Horizontal Analysis of Income Statements 2019 2018 Revenues Sales (net) $ 230,900 $ 210,300 Other revenues 9,000 7,000 Total revenues 239,900 217,300 Expenses Cost of goods sold 118,300 102,700 Selling, general, and administrative expenses 53,300 49,800 Interest expense 6,100 5,300 Income tax expense 21,300 20,300 Total expenses 199,000 178,100 Net income (loss) $ 40,900 $ 39,200 Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. i.e., .234 should be entered as 23.4).) RUNDLE COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change $ 17,600 21,800 55,800 136,000 25,400 256,600 29,000 271,200 30,700 330.900 587,500 13,400 7.800 46.600 144.100 10,300 222 200 21.200 255,500 25,300 302.000 524,200 $ $ Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10,4% cumulative, nonparticipating: 7,500 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity $ 15,100 112,200 20,800 148, 100 5,500 100,000 13,700 119.200 98,600 32,000 130,600 278,700 98,600 25,700 124,300 243,500 75,000 75,000 158,800 308,800 587,500 75,000 75,000 130,700 280,700 524,200 $ $
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