27 28 #3.b 29 Increase(Decrease) % % 30 2009 2008 Amount 2009 2008 31 Current Assets 32 Cash 33 Securites 34 A.R. 35 Inventory 36 Total C.A. 37 Non-C.A. 38 Land 39 Bldg 40 Equip 41 Total Non-C.A. $ 10,000.00 $ 12,000.00 $ (2,000.00) 3,000.00 32,000.00 $ 26,000.00 $ 5,000.00 $ $ $ 18,000.00 $ 22,000.00 $ 38,000.00 $ 38,000.00 26,000.00 $ 16,000.00 $ $ 21,000.00 $ 18,000.00 42 Total Assets 43 44 Current Liab 45 A.P. $ 22,000.00 $ 20,000.00 46 Notes Payable $ 10,000.00 $ 12,000.00 47 Total C.L. 48 Non-C.L. 49 Mortgage 50 Bonds Payable 51 Total Non-C.L. 52 Total Liab $ 56,500.00 $ 57,000.00 $ 24,000.00 $ 26,000.00 53 54 Equity 55 56 Total Liab + Equity 57 58 59 60 Problem #1 Problem #2 Problem #3 Problem #4 +

Vertical analysis: It is a method of analyzing the financial statement in which each item is showing as a percentage of some specific base figure. In the income statement, each item is shown as a percentage of total sales.