Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year $74,700 52,200 Accounts payable Long-term debt $58,266 58,464 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. Amount of Change. Accounts payable Long-term debt Increase/Decrease Decrease Increase Percentage % %

Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year $74,700 52,200 Accounts payable Long-term debt $58,266 58,464 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. Amount of Change. Accounts payable Long-term debt Increase/Decrease Decrease Increase Percentage % %

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 1PEB

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The comparative accounts payable and long-term debt balances for a company follow. Line Item Description Current Year Previous Year Accounts payable $116,280 $102,000 Long-term debt 129,600 120,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.
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Use the financial ratios of company A and company B to answer the questions below. Company A Company B Yr t+1 Year t Yr t+1 Year t Current ratio 0.55 0.59 0.56 0.55 Accounts receivable turnover 6.22 6.25 5.06 4.87 Debt to total assets 40.5% 40% 67.8% 65.9% Times interest earned 8.80 30.6 5.97 6.33 Free cash flows (in millions) ($3,819) $3,173 $168 $550 Return on stockholders’equity 7.7% 7.7% 26.6% 23.3% Return on assets 4.3% 4.3% 8.9% 7.9% Profit margin…