Question: need help with this Question thank you Question #2: Using the information shown in the attached image , do a common-size vertical balance sheet analysis

need help with this Question thank you

Question #2: Using the information shown in the attached image , do a common-size vertical balance sheet analysis in proper form for Year 0007 and Year 0008. Comment on any changes you consider significant.

need help with this Question thank you Question
+ Untitled spreadsheet - Google . X X Chapter 3: ANALYSIS AND INTE X Answer - Chapter 3 assignment - H( X *Homework Help - Q&A from O X + -CA / file:///C:/Users/Rachel/AppData/Local/Temp/Answer - Chapter 3 assignment - Horizontal & Vertical An ... E ED 2 of 2 - + Automatic Zoom v > > Vertical Analysis Assets Year 0007 Year 0008 Year % 0007 Year % 0008 Current Assets Cash 11,300.00 15,400.00 2% 2% Credit card receivables 4,500.00 6,300.00 1% 1% Accounts receivable 11,100.00 18,900.00 1% 2% Vending invntories 7,500.00 8,400.00 1% 1% Prpaid expense 4,200.00 4,100.00 1% 1% Total Current Assets 38,600.00 53,100.00 50% 7% Property Plant & Equipment Land $81,200 81,200.00 11% 10% Building 758,100.00 795,300.00 101% 100% Furnishings 83,712.00 93,412.00 11% 12% Equipment 90,688.00 90,688.00 12% 11% Accumulated depreciation 315,500.00 - 335,800.00 -42% 42% Glassware, linen inve 12,200.00 15,300.00 2% 2% Net Property and Equipment $710,40 $740,100 95% 93% Total Assets 749,000.00 793,200.00 100% 100% Liabilities & Stockholders' Equity Current Liabilities Accounts payable 9,200.00 12,200.00 1% 2% Accrued expenses payable 4,150.00 4,900.00 1% 1% Taxes payable 12,150.00 15,500.00 2% 2% Current portion, mortgage payable 13,500.00 11,200.00 2% 1% Total Current Liabilities 39,000.00 43,800.00 50% 6% Long-Term Liabilities Mortgage payable 423,800.00 412,300.00 57% 52% Total Liabilities 462,800.00 456,100.0 62% 58% Stockholders' Equity Capital stock 125,200.00 145,200.00 17% 18% Retained earnings 161,000.00 191,900.00 21% 24% Total Stockholders' Equity 286,200.00 337,100.00 38% 42% Total Liabilities & Stockholders' Equity 749,000.00 793,200.00 100% 100% 5:52 PM Type here to search O X 24/05/2021

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