Question: need help answering this question please Question #1: Present in the proper form a comparative horizontal analysis of the corporate balance sheet shown in the
need help answering this question please
Question #1: Present in the proper form a comparative horizontal analysis of the corporate balance sheet shown in the image attached and Comment on any items of difference that you consider significant.
X Chapter 3: ANALYSIS AND INTE X Answer - Chapter 3 assignment - H( X + Untitled spreadsheet - Google . X *Homework Help - Q&A from O X + 0 / file:///C:/Users/Rachel/AppData/Local/Temp/Answer - Chapter 3 assignment - Horizontal & Vertical An ... E 1 of 2 - + Automatic Zoom > > Horizontal Analysis Assets Year 0007 Year 0008 S % Current Assets Cash 11,300.00 15,400.00 4100.00 36% Credit card receivables 4,500.00 6,300.00 1800.00 40% Accounts receivable 11,100.00 18,900.00 7800.00 70% Vending invntories 7,500.00 8,400.00 900.00 12% Prpaid expense 4,200.00 4,100.00 100.00 -2% Total Current Assets 38,600.00 53,100.00 14500.00 38% Property Plant & Equipment Land $81,200 81,200.00 0.00 0% Building 758,100.00 795,300.00 37200.00 5% Furnishings 83,712.00 93,412.00 9700.00 12% Equipment 90,688.00 90,688.00 0.00 0% Accumulated depreciation 315,500.00 - 335,800.00 20300.00 6% Glassware, linen inventories 12,200.00 15,300.00 3100.00 25% Net Property and Equipment $710,400 $740,100 29700.00 4% Total Assets 749,000.00 793,200.00 44200.00 6% Liabilities & Stockholders' Equity Current Liabilities Accounts payable 9,200.00 12,200.00 3000.00 33% Accrued expenses payable 4,150.00 4,900.00 750.00 18% Taxes payable 12,150.00 15,500.00 3350.00 28% Current portion, mortgage payable 13,500.00 11,200.00 -2300.00 -17% Total Current Liabilities 39,000.00 43,800.00 4800.00 12% Long-Term Liabilities Mortgage payable 423,800.00 412,300.00 -11500.00 -3% Total Liabilities 462,800.00 456,100.00 6700.00 -1% Stockholders' Equity Capital stock 125,200.00 145,200.00 20000.00 16% Retained earnings 161,000.00 191,900.00 30900.00 19% Total Stockholders' Equity 286,200.00 337,100.00 50900.00 18% Total Liabilities & Stockholders' Equity 749,000.00 793,200.00 44200.00 6% 3:32 PM Type here to search O X 24/05/2021