Complete a horizontal (trend) analysis: Calculate two liquidity, profitability, and efficiency ratios Income Statements Items Sales...
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Complete a horizontal (trend) analysis: Calculate two liquidity, profitability, and efficiency ratios Income Statements Items Sales opening stock Purchases GAFS Closing stock Cost of goods sold Gross Profit Wages & Salaries Director's remuneration Other expenses Balance of profit c/d Balance Sheets Equipment NBV Motor Van Stock Debtors Bank Issued Capital General reserve Profit & loss Liabilities (creditors) 2017 2500000 190000 2100000 2290000 220000 2070000 430000 180000 70000 14000 100000 120000 38000 220000 104000 75000 200000 68000 100000 189000 2018 Change $ 1600000 110000 1220000 1330000 160000 1170000 430000 130000 120000 10000 88000 30000 32000 160000 29000 10000 100000 35000 88000 38000 Change % Complete a horizontal (trend) analysis: Calculate two liquidity, profitability, and efficiency ratios Income Statements Items Sales opening stock Purchases GAFS Closing stock Cost of goods sold Gross Profit Wages & Salaries Director's remuneration Other expenses Balance of profit c/d Balance Sheets Equipment NBV Motor Van Stock Debtors Bank Issued Capital General reserve Profit & loss Liabilities (creditors) 2017 2500000 190000 2100000 2290000 220000 2070000 430000 180000 70000 14000 100000 120000 38000 220000 104000 75000 200000 68000 100000 189000 2018 Change $ 1600000 110000 1220000 1330000 160000 1170000 430000 130000 120000 10000 88000 30000 32000 160000 29000 10000 100000 35000 88000 38000 Change %
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Income Statements Items 2017 2018 Change Change Sales 2500000 1600000 900000 36 Opening stock 190000 ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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