The comparative statements of financial position for Golden Co. is shown below. Express them in common-size...
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The comparative statements of financial position for Golden Co. is shown below. Express them in common-size percents. Golden Company Comparative Statements of Financial Position in $000.) December 31, 2016-2018 Cash Accounts receivable Merchandise inventory Property, plant and equipment (net) Total assets Accounts payable Bonds payable Share capital Retained earnings Total liabilities and equity 2016 49.60 34.20 74.40 85.50 148.80 125.40 347.20 324.90 620.00 570.00 117.80 51.30 76.50 130.20 159.60 107.10 266.60 279.30 265.20 105.40 79.80 61.20 620.00 570.00 510.00 2017 2018 35.70 76.50 91.80 306.00 510.00 Identify the major assets and liabilities of this company. Provide your observations of the changes in composition of assets and liabilities over the 3-year period. Prepare a visualisation to show the composition of assets in each year (3 pie charts, one for each year). The comparative statements of financial position for Golden Co. is shown below. Express them in common-size percents. Golden Company Comparative Statements of Financial Position in $000.) December 31, 2016-2018 Cash Accounts receivable Merchandise inventory Property, plant and equipment (net) Total assets Accounts payable Bonds payable Share capital Retained earnings Total liabilities and equity 2016 49.60 34.20 74.40 85.50 148.80 125.40 347.20 324.90 620.00 570.00 117.80 51.30 76.50 130.20 159.60 107.10 266.60 279.30 265.20 105.40 79.80 61.20 620.00 570.00 510.00 2017 2018 35.70 76.50 91.80 306.00 510.00 Identify the major assets and liabilities of this company. Provide your observations of the changes in composition of assets and liabilities over the 3-year period. Prepare a visualisation to show the composition of assets in each year (3 pie charts, one for each year).
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
Posted Date:
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