North island Company's Balance Sheet for the year 2012 as follow: Cash Accounts receivable inventory. Plant...

 

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North island Company's Balance Sheet for the year 2012 as follow: Cash Accounts receivable inventory. Plant assets Total assets .................... 5,000 4,000 .....…….….. Accounts payable. long-term loan. Common stock Total Liabilities and Equity. 20,000 50,000 79,000 25,000 .....40,000 14,000 79,000 Instructions: a) Analyze north islands Company's balance sheet using common-size analysis. b) Using the analysis outcomes, analyze the sources and uses of funds for North island company. North island Company's Balance Sheet for the year 2012 as follow: Cash Accounts receivable inventory. Plant assets Total assets .................... 5,000 4,000 .....…….….. Accounts payable. long-term loan. Common stock Total Liabilities and Equity. 20,000 50,000 79,000 25,000 .....40,000 14,000 79,000 Instructions: a) Analyze north islands Company's balance sheet using common-size analysis. b) Using the analysis outcomes, analyze the sources and uses of funds for North island company.

Answer rating: 100% (QA)

Requirementa Commonsize ANalysis also referred to as vertical analysis converts every line of monetary statement knowledge to an simply comparable or ... View the full answer