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VERTICAL ANALYSIS
2018		2019

I H A B C D E F G 1 CASH FLOWS FROM OPERATING ACTIVITIES: 135,000.00 2 3 Additional information for 2019: 4 1. accounts receivable-receipts from customers $525,000 and sales revenue $507,000 5 2. inventory-costs of goods sold $175,000, puchases of $155,000 6 3. prepaid expenses-increase $7,000 7 4. accounts payable-increase $14,000 8 5. income taxes payable-decreased $3,000 9 6. Depreciation expense was comprised of building for $9,000 and equipment $4,000 10 7. The company sold equipment with a book value of $11,000 (costs $9,000 less accumulated depreciation $2,000) for cash of $4,000 11 8. Issued a long-term bonds in direct exchange for land for $115,000 12 9. A building was purchased for cash $145,000. Equipment was also purchased for cash $40,000 3 10. Issued common stock for cash of $35,000 14 11. The company declared and paid a cash dividend for $25,000 15 5 7 STATEMENT OF CASH FLOW 8 CASH FLOWS FROM OPERATING ACTIVITIES: NET INCOME ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH 1 PROVIDED BY OPERATING ACTIVITIES 2 DEPRECIATION EXPENSE 3 LOSS ON DISPOSAL OF PLANT ASSETS 4 CHANGE IN ACCOUNTS RECEIVABLE 5 CHANGE IN INVENTORY 5 CHANGE IN PREPAID EXPENSES 7 CHANGE IN ACCOUNTS PAYABLE 3 CHANGE IN INCOME TAXES PAYABLE NET CASH PROVIDE BY OPERATING ACTIVITIES 1 CASH FLOWS FROM INVESTING ACTIVIES: 2 PURCHASE OF BUILDING 3 PURCAHSE OF EQUIPMENT 4 SALE OF EQUIPMENT 5 NET CASH PROVIDE BY INVESTTING ACTIVITIES 5 7 CASH FLOWS FROM FINANCING ACTIVIES: 3 ISSUANCE OF COMMON STOCK PAYMENT OF CASH DIVIDENDS NET CASH PROVIDE BY FINANCNG ACTIVITIES 1 2 NET INCREASE IN CASH 3 CASH AT BEGINNING OF PERIOD HORIZONTAL ANALYSIS AMOUNT PERCENT VERTICAL ANALYSIS 2018 2019 2018 2019 ASSETS CURRENT ASSETS CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID EXPENSES 53,000.00 35,000.00 10,000.00 4,000.00 PROPERTY, PLANT, & EQUIPMENT LAND BUILDINGS ACCUMULATED DEPRECIATION-BUILDINGS EQUIPMENT ACCUMULATED DEPRECIATION-EQUIPMENT TOTAL ASSETS 25,000.00 40,000.00 (5,000.00) 25,000.00 (1,000.00) 186,000.00 LIABILITIES & STOCKHOLDERS' EQUITY CURRENT LIABILITIES ACCOUNTS PAYABLE 32,000.00 INCOME TAXES PAYABLE 16,000.00 LONG-TERM LIABILITIES BONDS PAYABLE 35,000.00 STOCKHOLDERS' EQUITY COMMON STOCK 55,000.00 RETAINED EARNINGS 48,000.00 TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 186,000.00 I H A B C D E F G 1 CASH FLOWS FROM OPERATING ACTIVITIES: 135,000.00 2 3 Additional information for 2019: 4 1. accounts receivable-receipts from customers $525,000 and sales revenue $507,000 5 2. inventory-costs of goods sold $175,000, puchases of $155,000 6 3. prepaid expenses-increase $7,000 7 4. accounts payable-increase $14,000 8 5. income taxes payable-decreased $3,000 9 6. Depreciation expense was comprised of building for $9,000 and equipment $4,000 10 7. The company sold equipment with a book value of $11,000 (costs $9,000 less accumulated depreciation $2,000) for cash of $4,000 11 8. Issued a long-term bonds in direct exchange for land for $115,000 12 9. A building was purchased for cash $145,000. Equipment was also purchased for cash $40,000 3 10. Issued common stock for cash of $35,000 14 11. The company declared and paid a cash dividend for $25,000 15 5 7 STATEMENT OF CASH FLOW 8 CASH FLOWS FROM OPERATING ACTIVITIES: NET INCOME ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH 1 PROVIDED BY OPERATING ACTIVITIES 2 DEPRECIATION EXPENSE 3 LOSS ON DISPOSAL OF PLANT ASSETS 4 CHANGE IN ACCOUNTS RECEIVABLE 5 CHANGE IN INVENTORY 5 CHANGE IN PREPAID EXPENSES 7 CHANGE IN ACCOUNTS PAYABLE 3 CHANGE IN INCOME TAXES PAYABLE NET CASH PROVIDE BY OPERATING ACTIVITIES 1 CASH FLOWS FROM INVESTING ACTIVIES: 2 PURCHASE OF BUILDING 3 PURCAHSE OF EQUIPMENT 4 SALE OF EQUIPMENT 5 NET CASH PROVIDE BY INVESTTING ACTIVITIES 5 7 CASH FLOWS FROM FINANCING ACTIVIES: 3 ISSUANCE OF COMMON STOCK PAYMENT OF CASH DIVIDENDS NET CASH PROVIDE BY FINANCNG ACTIVITIES 1 2 NET INCREASE IN CASH 3 CASH AT BEGINNING OF PERIOD HORIZONTAL ANALYSIS AMOUNT PERCENT VERTICAL ANALYSIS 2018 2019 2018 2019 ASSETS CURRENT ASSETS CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID EXPENSES 53,000.00 35,000.00 10,000.00 4,000.00 PROPERTY, PLANT, & EQUIPMENT LAND BUILDINGS ACCUMULATED DEPRECIATION-BUILDINGS EQUIPMENT ACCUMULATED DEPRECIATION-EQUIPMENT TOTAL ASSETS 25,000.00 40,000.00 (5,000.00) 25,000.00 (1,000.00) 186,000.00 LIABILITIES & STOCKHOLDERS' EQUITY CURRENT LIABILITIES ACCOUNTS PAYABLE 32,000.00 INCOME TAXES PAYABLE 16,000.00 LONG-TERM LIABILITIES BONDS PAYABLE 35,000.00 STOCKHOLDERS' EQUITY COMMON STOCK 55,000.00 RETAINED EARNINGS 48,000.00 TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 186,000.00