Question: Chapter 14 Financial Statement Analysis 621 ed earnings, 2014, 36.0% EX 14-4 Vertical analysis of balance sheet Balance sheet data for Peacock Company on Dece
Chapter 14 Financial Statement Analysis 621 ed earnings, 2014, 36.0% EX 14-4 Vertical analysis of balance sheet Balance sheet data for Peacock Company on Dece are shown below. OBJ. 1 for Peacock Company on December 31, the end of the fiscal year, EET 2014 2013 $1,050,000 $750,000 1,960,000 2,100,000 490,000 150,000 630,000 420,000 1,260,000 1,200,000 350,000 300,000 1,260,000 1,080,000 Prepare a comparative balance sheet for 2014 and 2013, stating each asset as a percent of total assets and each liability and stockholders' equity item as liabilities and stockholders' equity. Round to one decimal place. ny and stockholders' equity item as a percent of the total Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings PEACOCK COMPANY Comparative Balance Sheet December 31, 2014 and 2013 2014 Amount Percent 2013 Amount Percent Current assets Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
