The balance sheets for a company for 2025 and 2024 are presented below. Required: 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of total assets. 2. Prepare a horizontal analysis for 2025 using 2024 as the base year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a horizontal analysis for 2025 using 2024 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity A COMPANY Balance Sheet December 31 2025 $ Year 2024 2,655,000 $ 900.000 1,320,000 1,200,000 2.775.000 1,250,000 10.050.000 10.050,000 (1,800,000) (900,000) $ 15,000,000 $ 12,500,000 $ 1.725,000 $ 1.562,500 1,245,000 1,070,000 5,475,000 5,475,000 6,555,000 4.392.500 $ 15,000,000 $ 12.500.000 Increase (Decrease) Amount %

Reporting of cash flows means a statement of cash flow which is a financial statement. A cash flow statement is prepared by gathering all the data regarding inflows and outflows of a company. The cash flow statement includes cash inflows and outflows fro…

A balance sheet is an integral part of the set of financial statements of an organization that reports the assets, liabilities, equity (shareholding) capital, other short and long-term debts, along with other related items. A balance sheet is one of the …

Financial statements are written records of an organization which provide a true and real picture of business activities. It shows the financial position and the operating performance of the company. It is prepared at the end of every financial cycle. It…

Before we begin to understand what Owner’s capital is and what Equity financing is to an organization, it is important to understand some basic accounting terminologies. A double-entry bookkeeping system Normal account balances are those which are expect…