DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ 500000 = ·|· = 6.0 % %
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- O DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ 500000 400000 || || 6.0 I % % Kay Partners and Your Business Model oloFind the following using the data bellow Accounts receivable = 111,100,000 Current assets = 316,500,000 Total assets = 600,000,000 A. Return on assets B. Common equity C .Quick ratioDIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 460,000 780,000 3,164,000 Example: Dec. 31, 2021 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). Accounts Receivable 2022 400,000 650,000 2,800,000 30000 ·I· 500000 = = 6.0 % %
- DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 460,000 780,000 3,164,000 Example: Dec. 31, 2021 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). Accounts Receivable 2022 400,000 650,000 2,800,000 30000 ÷ 500000 = 6.0 % %Identify how each of the following separate transactions through 10 affects financial statements. For increases, place a "i" and the dollar amount in the column or columns. For decreases, place a"- and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease (-) along with dollar amounts. The first transaction is completed as an example. Required: a. For the balance sheet, identify how each transaction affects total essets, total abilities, and total equity For the income statement, identify how each transaction affects net income. b. For the statement of cash flows, identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from Snancing activities. Transaction 1. Owner invest $300 cash in business in exchange for vock 2 Rives $700 cash for services provided 3 Pays $500 cash for employee wages & Buys $100 of equipment on cred 5 Purchases $200 af supplies on credit &…Balance Sheet Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (L.e., .2345 should be entered as 23.45). Assats Current assets Cash Income Statement Marketable securities Accounts receivable (net) Inventories Prepaid Items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and stockholders' equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other FANNING COMPANY Vertical Analysis of Balance Sheeta Year 4 Total noncurrent liabilales Total abilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating: 6,600 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity…
- Perform a vertical analysis for the balance sheet entry "Accounts Payable" given below (as a %). (Round your answer to one decimal place.)Find the following using the data bellow a. Accounts receivable B. Current assets C. Total assets D. Return on assets E. Common equity F. Quick ratioIn performing vertical analysis, we express each item in a financial statement as a percentage of a base amount. What base amount is commonly used for income statement accounts? For balance sheet accounts?
- GJ Company Trial Balance January 31, 2021 Account Titles Debit Credit Cash 33, 450 Accounts receivable – R. Gil Accounts receivable – M. Soriano 1200 Repair tools 30, 000 Repair supplies 15, 000 Furniture and fixtures 16, 500 Service equipment Accounts payable – Cruz furniture 120, 000 Notes payable – Cruz furniture G. Alajar, Capital G. Alajar, Drawing 8, 250 190, 000 3, 500 Service income 28, 400 Advertising expense 1, 500 Salaries expense 2, 000 Utilities expense 1, 500 Rent expense 2, 000 Total 226, 650 226, 650Please Complete the Following: 1. Complete a vertical and horizontal analysis on the tabs labeled "Balance Sheet" and "Income Statement", use total assets on the balance sheet and net sales on the income statement for your vertical analysis. 2. Using the balance sheet and income statement, complete the ratios on the tab labeled "Ratios" 3. Answer the final OBSERVATION QUESTION (listed under Ratios calculations) Consolidated Balance Sheets (USD $) 12/31/2020 Vertical Analysis 12/31/2019 Vertical Analysis Horizontal Analysis In Millions, unless otherwise specified Current Assets: Cash and Cash Equivalents $1,723 $1,929 Receivables, net 1,484 1,398 Merchandise Inventories 11,079 11,057 Other Current Assets 1,016 895 Total Current Assets 15,302 15,279 Property and Equipment, at…Required Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) PEREZ COMPANY Vertical Analysis of Balance Sheets Year 4 Year 3 Percentage of Total Percentage of Total Amount Amount Assets Current assets Cash $ 17,400 % $ 12,600 % Marketable securities 21,000 7,600 Accounts receivable (net) 54,700 46,900 Inventories 136,200 144,400 Prepaid items 25,700 11,800 Total current assets 255,000 223,300 Investments 28,100 21,000 Plant (net) 270,500 255,100 Land 29,700 24,900 Total long-term assets 328,300 301,000 Total assets $ 583,300 $ 524,300 Liabilities and stockholders' equity Liabilities Current liabilities Notes payable $ 16,100 $ 5,000…