FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Vertical Analyis of Balence Shoat
Balance shest data for a company for the years ended December 31, 202 and 201, ashon bel
Current ascets
TADE
$1,500,000
Property, plant, and equiomet
S1.20000
12,500,000
10,00,400
Intangible asnets
2,000,000
2,000,000
Currunt lablities
1,000.000
0,000
Long turm liabilities
3,000 000
240,000
Common stock
2,500,000
2,500.000
Retained eamings
0,500,000
8,250 000
Prepare a comparative balance sheet for 202 and 20Y1, stating cach asset as percent of total ts and ach lability and stoe
place.
Comparative lonce stet
December 31, 202 and 2YI
20Y2 Amount 20 Prct
2I 20I Per
Aets
SLA
Curent assets
1250000
Property, plat, and equpmant
200
2,000
Lntangble aets
Total asscts
uabies
Camont kabes
24
Long-term labtes
Stackholders ety
250000
Common stock
SHO
Retained carrinos
Tacal kabies and stacklolder aputy
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Transcribed Image Text:Vertical Analyis of Balence Shoat Balance shest data for a company for the years ended December 31, 202 and 201, ashon bel Current ascets TADE $1,500,000 Property, plant, and equiomet S1.20000 12,500,000 10,00,400 Intangible asnets 2,000,000 2,000,000 Currunt lablities 1,000.000 0,000 Long turm liabilities 3,000 000 240,000 Common stock 2,500,000 2,500.000 Retained eamings 0,500,000 8,250 000 Prepare a comparative balance sheet for 202 and 20Y1, stating cach asset as percent of total ts and ach lability and stoe place. Comparative lonce stet December 31, 202 and 2YI 20Y2 Amount 20 Prct 2I 20I Per Aets SLA Curent assets 1250000 Property, plat, and equpmant 200 2,000 Lntangble aets Total asscts uabies Camont kabes 24 Long-term labtes Stackholders ety 250000 Common stock SHO Retained carrinos Tacal kabies and stacklolder aputy
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