On the vertical analysis of the Balance Sheet in Year 1, which item has the greatest...
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On the vertical analysis of the Balance Sheet in Year 1, which item has the greatest component percentage in relation to Total Assets? Total Liabilities? Total Liabilities and Shareholders Equity? Did your answers change for Year 2? If so, name two factors that may have caused the shift in component percentages. 1. On the vertical analysis of the Income Statement in Year 1, which item has the greatest component percentage in relation to Revenue? Did your answer change for Year 2? If so, name two factors that may have caused the shift in the component percentages. Milhars Component Balance Sheet Current Year (Y2) Percentage Cash Numbers below are reported in: Inventory Total Current Assets Property Plant and Equipment Net Total Assets Base Total Current Liabilities Total Long-ter Liabilmes Tetal Liabilities Toral Shareholder Equity Toral Liabilities and. Shareholders Equity Base Item) 816,710 11,220 114,449 101,603 9258.540 895.569 100,720 $220 474 35.905 9255,540 100% 100% Prior Year (Y) $18,492 11,176 116001 99,422 $255,408 581.00 102.666 $223,92 35,570 3258,496 Component Percentage 100% 100% 100% Millors Compenent Income Statement Current Year (Y2) Percentage Numbers below are reported in: Reveme (Base Item) Cost of Goods Sold Gross Profit Income Before Income Taxes Net Income 160,330 $136,268 $24,069 $4,345 $3,095 100% 15.01 -0.41 Prior Year (YI) 2.3, 156,770 $131,322 $25,454 8,140 Component Percentage 63.76 16.24 -0.26 4.95 On the vertical analysis of the Balance Sheet in Year 1, which item has the greatest component percentage in relation to Total Assets? Total Liabilities? Total Liabilities and Shareholders Equity? Did your answers change for Year 2? If so, name two factors that may have caused the shift in component percentages. 1. On the vertical analysis of the Income Statement in Year 1, which item has the greatest component percentage in relation to Revenue? Did your answer change for Year 2? If so, name two factors that may have caused the shift in the component percentages. Milhars Component Balance Sheet Current Year (Y2) Percentage Cash Numbers below are reported in: Inventory Total Current Assets Property Plant and Equipment Net Total Assets Base Total Current Liabilities Total Long-ter Liabilmes Tetal Liabilities Toral Shareholder Equity Toral Liabilities and. Shareholders Equity Base Item) 816,710 11,220 114,449 101,603 9258.540 895.569 100,720 $220 474 35.905 9255,540 100% 100% Prior Year (Y) $18,492 11,176 116001 99,422 $255,408 581.00 102.666 $223,92 35,570 3258,496 Component Percentage 100% 100% 100% Millors Compenent Income Statement Current Year (Y2) Percentage Numbers below are reported in: Reveme (Base Item) Cost of Goods Sold Gross Profit Income Before Income Taxes Net Income 160,330 $136,268 $24,069 $4,345 $3,095 100% 15.01 -0.41 Prior Year (YI) 2.3, 156,770 $131,322 $25,454 8,140 Component Percentage 63.76 16.24 -0.26 4.95
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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