Question: need help thanks 1. Perform a horizontal analysis for the financial statements of TREN Corporation. (30 points) JUSTICE CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS

 need help thanks 1. Perform a horizontal analysis for the financial

need help thanks

statements of TREN Corporation. (30 points) JUSTICE CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL

1. Perform a horizontal analysis for the financial statements of TREN Corporation. (30 points) JUSTICE CORPORATION COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2016 (IN THOUSAND PESOS) 2014 Increase (Decrease) 2013 ASSETS AMOUNT % Current Assets Cash & Cash Equivalents 25,390.00 2, 120.00 Supplies 10,000,00 Trading and other receivables 16,000.00 6,000.00 Inventory 9,960.00 Total Current Assets 10,600.00 61,350.00 18,720.00 Non - Current Assets Equipment 250,000.00 161,280,00 Land 16,000.00 20,000.00 Total Non-current assets 266,000.00 181,280.00 TOTAL ASSETS 327,350.00 200,000.00 LIABILITIES AND SHAREHOLDERS'EQUITY Current Liabilities Account Payables 8,400.00 3,350.00 Uneamed Revenues 50,600,00 11,650.00 Notes- Payable (3 months) 1, 500.00 600.00 Total Current Liabilities 60,500.00 15,600.00 Non-current Liabilities Notes - Payable - (6 years) 83,550.00 100,000.00 TOTAL LIABILITIES 144,050.00 115,600.00 Shareholders 'equity Ordinary shares, P110 par 90,000.00 60,000.00 Premium on ordinary shares 26,000.00 10,000.00 Total Paid-in Capital 48,000.00 70,000.00 Retained Earnings 19,300.00 14,400.00 Total Shareholders' Equity 183,300.00 84,400.00 TOTAL LIABILITY AND SHAREHOLDERS'EQUITY 327,350.00 200,000.00

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 Finance Questions!