Question: Please help me to make Vertical Analysis based on the information ASSETS 2022 2021 CURRENT ASSETS Cash and cash equivalents S 1.042 3 2,018 Investment
Please help me to make Vertical Analysis based on the information
ASSETS 2022 2021 CURRENT ASSETS Cash and cash equivalents S 1.042 3 2,018 Investment securities 350 824 Receivables, less allowance (2022 - $4; 2021 - 53) 317 207 Inventories, less allowance (2022 - $29; 2021 - $24) 87 74 Prepaid expenses and other 120 122 Total current assets 1,916 3.245 PROPERTY AND EQUIPMENT Flight equipment 11.727 11, 181 Pre-delivery depos its for flight equipment 415 337 Total flight equipment and pre delivery deposits, gross 12.142 11,498 Less accumulated depreciation 3,578 3,227 Total flight equipment and pre delivery deposits, net 8.564 8,271 Other property and equipment, gross 1.314 1,205 Less accumulated depreciation 731 882 Total other property and equipment, net 583 543 Total property and equipment, net 9,147 8.814 OPERATING LEASE ASSETS 860 729 OTHER ASSETS Investment securities 172 39 Restricted cash 148 Intangible assets, net of accumulated amortization of $455 and $405, at 2022 and 2021, respectively. 298 299 Other 706 457 Total other assets 1.322 854 TOTAL ASSETS 3 13,045 5 13,642 LIABILITIES AND STOCKHOLDERS EQUITY CURRENT LIABILITIES Accounts payable S 532 499 Air traffic liability 1,581 1.618 Accrued salaries, wages and benefits 498 480 Other accrued liabilities 486 359 Current operating lease liabilities 97 108 Current maturities of long-term debt and finance lease obligations 654 356 Total current liabilities 3,748 3,417 LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS 3,093 3,651 LONG-TERM OPERATING LEASE LIABILITIES 839 890DEFERRED TAXES AND OTHER LIABILITIES Deferred income taxes 770 843 Air traffic liability - non-current 738 840 Other 494 562 Total deferred taxes and other liabilities 2,002 2.035 COMMITMENTS AND CONTINGENCIES ( Notes 10 & 11) STOCKHOLDERS EQUITY Preferred stock, $0.01 par value; 25shares authorized, none is sued Common stock, $0.01 par value; 900 shares authorized, 480 and 478 shares issued and 327 and 320 shares outstanding at 2022 and 2021, res pectively 5 5 Treasury stock, at cost 159 and 158 shares at 2022 and 2021, respectively (1,995) (1.989) Additional paid-in capital 3,129 3.047 Retained earnings 2.424 2,786 Accumulated other comprehensive income Total stockholders equity 3,583 3,849 TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 13,045 $ 13,642
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