FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Formula: Divide; Cell Referencing
Using Excel to Perform Vertical Analysis
Student Work Area
PROBLEM
Required: Provide input into cells shaded in yellow in this template. Use mathematical
formulas with cell references to this work area.
Data from the comparative balance sheets of Rollaird Company is
presented here.
December 31,
December 31,
Using these data from the comparative balance sheets of Rollaird Company, perform vertical
analysis.
2022
2021
Accounts receivable (net)
2$
460,000 $
400,000
1.
December 31, 2021
Inventory
Total assets
780,000
650,000
December 31, 2022
3,164,000
2,800,000
Amount
Percent
Amount
Percent
Accounts receivable (net)
$ 460,000
$
400,000
Inventory
780,000
650,000
Total assets
3,164,000
2,800,000
expand button
Transcribed Image Text:A B C D E F G K M N O P Formula: Divide; Cell Referencing Using Excel to Perform Vertical Analysis Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area. Data from the comparative balance sheets of Rollaird Company is presented here. December 31, December 31, Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. 2022 2021 Accounts receivable (net) 2$ 460,000 $ 400,000 1. December 31, 2021 Inventory Total assets 780,000 650,000 December 31, 2022 3,164,000 2,800,000 Amount Percent Amount Percent Accounts receivable (net) $ 460,000 $ 400,000 Inventory 780,000 650,000 Total assets 3,164,000 2,800,000
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