Q: No. 2: Prepare common size analysis for the two-year period. Dugmore Company Balance Sheet December...

Transcribed Image Text:

Q: No. 2: Prepare common size analysis for the two-year period. Dugmore Company Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash Long-term investments Land, buildings, and equipment (net) Intangible assets Other assets Total assets $ 71,000 67,000 195,000 9,400 5.000 $347.400 $ 68,000 43,000 162,000 11,300 8.000 $292.300 Liabilities Accounts payable Long-term liabilities-8% bonds Total liabilities $ 37,100 23.500 $ 60,600 $ 34,000 17.900 $ 51,900 Stockholders' Equity 6% preferred stock Common stock Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 7,500 50,000 46,000 183.300 $286.800 $347.400 $ 7,500 50,000 46,000 136,900 $240.400 $292.300 Q: No. 2: Prepare common size analysis for the two-year period. Dugmore Company Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash Long-term investments Land, buildings, and equipment (net) Intangible assets Other assets Total assets $ 71,000 67,000 195,000 9,400 5.000 $347.400 $ 68,000 43,000 162,000 11,300 8.000 $292.300 Liabilities Accounts payable Long-term liabilities-8% bonds Total liabilities $ 37,100 23.500 $ 60,600 $ 34,000 17.900 $ 51,900 Stockholders' Equity 6% preferred stock Common stock Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 7,500 50,000 46,000 183.300 $286.800 $347.400 $ 7,500 50,000 46,000 136,900 $240.400 $292.300

Answer rating: 100% (QA)

2011 2010 IncreaseDecrease Cash 71000 68000 3000 Long Term Investments 67000 43000 24... View the full answer