Question: I need help with creating a summary of this graph for The Sweet Password. Vertical Analysis of Balance Sheet of The Sweet Password VERTICAL ANALYSIS

I need help with creating a summary of this graph for

I need help with creating a summary of this graph for The Sweet Password.

The Sweet Password. Vertical Analysis of Balance Sheet of The Sweet Password

Vertical Analysis of Balance Sheet of The Sweet Password VERTICAL ANALYSIS ASSETS 202: 2022 2023 2024 ASSETS 2021 2022 2023 2024 Current Assets Current Assets Cash $1,250,000 $1,250,000 $1,250,000 $1,250,000 Cash 8.81% 3.37% 7.91% 7.45% Net accounts receivable $4,875,000 $562,250 $6,480,750 $7,466,225 Net accounts receivable 34.35% 3.76% 41.02% 14.48% Inventory $8,065,000 $8,065,000 $8,065,000 $8,065,000 Inventory $12 56.83% 53.98% 51.05% 48.05% Temporary Investment $12 $12 $12 Temporary Investment 0.00% 0.00% 0.00% 0.00% Prepaid expenses $2 $2 $2 $2 Prepaid expenses 0.00% 0.00% 0.00% Total Current Assets 0.00% $14,190,014 $14,937,514 $15,795,764 $16,781,239 Total Current Assets 99.98% 99.98% 99.98% Fixed Assets 99.98% Fixed Assets 0.00% 0.00% 0.00% Long-term investments $42 0.00% $43 $43 $46 Long-term investments 0.00% 0.00% 0.00% 0.00% Land $656 $656 $684 $727 Land 0.00% 0.00% 0.00% 0.00% Buildings $903 6928 $983 $1,021 Buildings 0.01% 0.01% 0.01% 0.01% Plant and equipment $608 $631 $642 $654 Plant and equipment 0.00% 0.00% 0.00% 0.00% Furniture and fixtures $61 $65 $68 $72 Furniture and fixtures 0.00% 0.00% Total Net Fixed Assets 0.00% 0.00% $2,270 $2,323 $2,420 $2,520 Total Net Fixed Assets 0.02% 0.02% 0.02% 0.02% Total Assets $14,192,284 $14,939,837 $15,798,184 $16,783,759 Total Assets 100.00% 100.00% 100.00% 100.00% LIABILITIES LIABILITIES Current Liabilities Current Liabilities Accounts payable $246 $252 $25 $277 Accounts payable 0.00% 0.00% 0.00% short-term notes 0.00% $24 $25 $26 $28 Short-term notes 0.00% 0.00% 0.00% 0.00% Current portion of long-term notes $14 $14 $14 $15 Current portion of long-term notes 0.00% 0.00% 0.00% 0.00% Accruals and Other payables $14 $14 $14 $14 Accruals and Other payables 0.00% 0.00% 0.00% 0.00% Total Current Liabilities $298 $305 $312 6334 Total Current Liabilities 0.00% 0.00% 0.00% 0.00% Long-term Liabilities Long-term Liabilities 0.00% 0.00% 0.00% 0.00% Mortgage $897 $931 $978 $1,021 Mortgage 0.01% 0.01% 0.01% Other long term liabilities $44 0.01% $485 $527 $576 Other long term liabilities 0.00% 0.00% 0.00% 0.00% Total long term Liabilities $1,340 $1,416 $1,505 $1,597 Total long term Liabilities 0.01% 0.01% SHAREHODERS'EQUITY 0.01% 0.01% SHAREHODERS'EQUITY 0.00% 0.00% Capital Stock 0.00% $300 0.00% $300 $300 $300 Capital Stock 0.00% 0.00% 0.00% 0.00% Retained earnings $14,190,646 $14,937,816 $15,796,067 $16,781,528 Retained earnings 99.99% 99.99% Total Shareholders Equity $14,190,646 $14,938,116 99.99% 99.99% $15,796,367 $16,781,828 Total Shareholders Equity 99.99% 99.99% 99.99% 99.99% TOTAL LIABILITIES AND EQUITY $14,192,284 $14,939,837 $15,798,184 $16,783,759 TOTAL LIABILITIES AND EQUITY 100.00% 100.00% 100.00% 100.00%

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!

I need help with explaining this chart in words. A summary of the meaning of this balance chart for The Sweet Password Vertical Analysis of Balance Sheet of The Sweet Password VERTICAL ANALYSIS 2022...

Hello, you helped me on pat of this paper back in April which was the financial statements part of it. I need some adjustments make to the attached papers. Thanks In regards to the financial...

I need help with creating a pro forma balance sheet for The Sweet Password: Source of funds: Pro-Forma Income Statement The Sweet Password REVENUE 2021 2022 2023 2024 2025 Gross sales $5.075,000...

Please complete the following reports for "kohl's 2017 financial statement" note that the suggested reports have numbers filled in but they do not relate. (Ignore where it says JCPenney on top of the...

***I have posted this question now five times. Each time I am told I need more information so I add something and no one returns back to answer; which means I have now wasted five questions. Can...

***I have posted this question now six times. Each time I am told I need more information, I add something and no one returns to answer. Yesterday I posted everything and no one has responded; which...

With the data, I will attach and the example (which we can't use) we were given can someone please help, me analyze round four for my report, which includes the data as the example did below? We were...

I am a part of Team Chester. With the data, I will attach and the example (which we can't use) we were given can someone please help me analyze round four for my report, which should include the data...

The Balance Sheet is where the value of the assets and liabilities are reported. Each of the tangible assets has value - for example, land, buildings, and equipment. Material is valued based on the...

I have a Project I am working on for Portfolio Management. I finished most of the data entry and creating of tabs, but I still have about 30% of the project that I need help on. I expect it to take...

A private local exchange is handling calls with the service time as shown in Figure Q1. The call intensity per idle source is calls per time unit. 2 52 3^ - D 0 3 1 3 1 42 2 Figure Q1 2 State the...

Two connected wires with linear mass densities that are related by 1 = 32 are under the same tension. When the wires oscillate at a frequency of 120 Hz waves of wavelength 10 cm travel down the first...

describe 3 relevant cash flows when making buy vs. lease decisions

Determine the impedance ZL for maximum average power transfer and the value of the maximum power transferred to the for the circuit shown in Fig P 9.20 1 1

The financial ratios investigated thus far are based on book values of debt and equity. Determine whether using the market value of equity (market capitalization found on the OVERVIEW page) makes a...

Listed below are the genders of the younger winner in the categories of Best Actor and Best Actress for recent and consecutive years. Do the genders of the younger winners appear to occur randomly? F...

In problem proceed as in Example 3 to rewrite the given expression using a single power series whose general term involves x k . E n(n 1)c,x"-2 + E C"+2 n=2 n=0

An electric baseboard heater receives 1500 W of electrical power that heats room air, which loses the same amount through the walls and windows. Specify exactly where entropy is generated in that...

Sales Forecast and Flexible Budget a . Salaries for his office ( including himself at \ ( \ $ 6 7 , 9 5 0 \ ) , a marketing research assistant at \ ( \ $ 4 0 , 1 0 0 \ ) , and an administrative...

1. To provide an insight into why a communication situation can be perceived differently depending on which psychological framework we choose to use.

4. What is the meaning of this statement, we should always demarcate a problem in accordance with our objectives, or with what we are trying to understand? a) Give at least three examples that shed...

3. Discuss the following statements: a) The way in which a problem is structured provides many of the premises for the actual solution. b) Our assumptions about the demarcation of a problem will...