Question: Brief Exercise 14-4 Using the following data from the comparative statements of financial position of Flounder NV. Inventory Accounts receivable Total assets December 31, 2017

Brief Exercise 14-4 Using the following data from the comparative statements of financial position of Flounder NV. Inventory Accounts receivable Total assets December 31, 2017 1,077,060 C507,580 3,095,000 December 31, 2016 421,400 325,850 2,450,000 Illustrate vertical analysis. (Round percentages to 1 decimal place, c.9. 12.1%.) December 31, 2017 December 31, 2016 Amount Percentage Amount Percentage Inventory 1,077,060 Accounts receivable 507,580 C 3,095,000 % % % 421,400 325,850 2,450,000 Total assets

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

W6_PracticeMe6 Online Return to Blackboard LUS Weygandt, Financial Accounting: IFRS, 3e CALCULATOR PRINTER VERSION ES Brief Exercise 14-4 Using the following data from the comparative statements of...

Only answers plz no need for explaination LCULATUN PRINTER V Brief Exercise 14-4 Using the following data from the comparative statements of financial position of Whispering NV. Inventory Accounts...

Using the following data from the comparative statements of financial position of Whispering NV. Inventory Accounts receivable Total assets December 31, 2017 C891,120 C586,560 C2,820,000 December 31,...

Using the following data from the comparative statements of financial position of Grouper NV. Inventory Accounts receivable Total assets December 31, 2017 6828,868 C530,550 C2.673,704 December 31,...

Brief Exercise 14-4 Using the following data from the comparative statements of financial position of Flint NV. December December 31, 2017 31, 2016 Inventory 1,010,672 396,240 Accounts receivable...

Using the following data from the comparative statements of financial position of Skysong NV. Inventory Accounts receivable December 31, 2017 818,476 583,024 2,803,000 December 31, 2016 398,706...

Using the following data from the comparative statements of financial position of Waterway NV. Inventory Accounts receivable December 31, 2017 893,026 528,750 2,633,492 December 31, 2016 516,200...

Brief Exercise 14-3 Using the following data from the comparative statements of financial position of Pearl NV. CALCU December December 31, 2017 31, 2016 Inventory 844,900 497,000 Accounts receivable...

Brief Exercise 14-3 Using the following data from the comparative statements of financial position of Riverbed NV. December 31, 2017 December 31, 2016 Inventory Accounts receivable Total assets...

Refer to BE14-3, Using the following data from the comparative statements of financial position of Dotte NV, illustrate horizontal analysis. ____________________ December 31, 2017 _______ December...

4. (a) Use the method of undetermined coefficient to find the general solution to the inhomogeneous second order DE y" + 9y = 2 sin 3x.

Debit/credit terminology Required For each of the following independent events, identify the account that would be debited and the account that would be credited. The accounts for the first event are...

the average risk premium on long term government bonds for the period 1 9 2 6 - 2 0 1 4

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

2 How does adversity inspire public speaking and, indeed, public life? In American culture, what defines a public figure?

Have you ever attended a speaking event where the speaker did not behave appropriately for the occasion? How did it make you feel as a listener?

4 Is a shooting victim or the family of that victim more credible on the issue of gun control than someone whose life has not been touched by gun violence?