Question: Using these data from the comparative balance sheet of Patillo Company, perform horizontalanalysis. December 31, 2010 December 3, 2009 Accounts receivable Inventory Total assets S

Using these data from the comparative balance sheet of Patillo Company, perform horizontalanalysis.

Using these data from the comparative balance sheet of Patillo

December 31, 2010 December 3, 2009 Accounts receivable Inventory Total assets S 560,000 780,000 3,220,000 $ 400,000 650,000 2,800,000

Step by Step Solution

★★★★★

3.36 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Horizontal analysis Increase or Decrease Dec 31 2010 D... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

112-B-A-F-A (421).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Using these data from the comparative balance sheet of Ramirez Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or...

Q:

Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. _____________________________December 31, 2019 December 31, 2018 Accounts...

Q:

Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2020 $ 460,000 December 31, 2019 $ 400,000 Accounts receivable Inventory Total...

Q:

The comparative balance sheet of Mavenir Technologies Inc. for December 31, 2010 and 2009, is shown as follows: Dec 31, 2010 Dec 31, 2009 Assets Cash Accounts receivable Inet) Inventones Investments...

Q:

12. Using these data from the comparative balance sheet of Ortiz Company, perform vertical analysis. (worth 6 points). December 31, 2010 December 31, 2009 Accounts receivable $ 500,000 $ 400,000...

Q:

Using the following data from the comparative balance sheet of Rodenbeck Company, illustrate vertical analysis. (Round percentages to 1 decimal place, e.g. 10.5.) December 31, 2011 December 31, 2010...

Q:

please fill out the empty yellow cells. the ones already filled out are correct AE6134 Insert Draw Page Layout Formulas Data Review View Tell me X Arial ] 12 Wrap Text General B 1 = = = Merge Center...

Q:

The comparative balance sheet of Canace Products Inc. for December 31, 2016 and 2015, is shown as follows: 1 Dec. 31, 2016 Dec. 31, 2015 2 Assets 3 Cash $643,400.00 $679,400.00 4 Accounts receivable...

Q:

Show Me How Calculator Chapter 13 Homework (Application) eBook Statement of cash flows-direct method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The comparative...

Q:

Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The comparative balance sheet of Canace Products Inc. for December 31, 2046 and 2045, is shown as follows: Dec. 31,...

Q:

Based on the scenario provided below, write a well-organized essay conforming to the following requirements. The first page should be your title page; the last page is your bibliography of sources....

Q:

Marketing professors at Robert Morris and Kent State Universities examined children's recall and recognition of television advertisements (Journal of Advertising, Spring 2006). Two groups of children...

Q:

Andys Sales (owned by Andy Adams) sold a well-built trampoline to Carl and Shirley Wickers. The Wickerses later sold the trampoline to Herbert Bryant. While using the trampoline, Herberts 14-year-old...

Q:

Refer to Problem S6.16. If the defective rate was 3.5% instead of 1.5%, what would be the control limits ( z = 3 )?

Q:

Milner Manufacturing uses a job order cost accounting system. On May 1, the company has a balance in Work in Process Inventory of $3,200 and two jobs in process: Job No. 429 $2,000, and Job No. 430...

Q:

A job order cost sheet for Rolen Company is shown below. Instructions(a) On the basis of the foregoing data answer the following questions.(1) What was the balance in Work in Process Inventory on...

Q:

Manufacturing cost data for Pena Company, which uses a job order cost system, are presented below. InstructionsIndicate the missing amount for each letter. Assume that in all cases manufacturing...

Q:

Can you explain this question. I get confused by the symbols. 1. Let X1,X2, X3, X4, X5 5'5 Boom. Supposed we observe the following values: 0.2, 3.4, 1.2, 6.1, 5.3. We want to calculate an estimate of...

Q:

Book: Financial management 1. Review the requirements of the Chapter 3 Mini-Case, parts b through j. Then apply those requirements to do an analysis of Brinker International, which is a real company....

Q:

QUESTION 21 Diversification can effectively reduce risk. Once a portfolio is diversified, the type of risk remaining is: A. individual security risk. B. riskless security risk. C. unsystematic risk...