wo Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $162055 $87148 Accounts Receivable $69541 $157472 Inventory $98118 $128024 Prepaid insurance $124346 $57301 Prepaid rent $158319 $132855 Other $72587 $170352 Total Current Assets Non-Current Assets Land $109144 $181575 Equipment $152782 $115712 Notes receivable $188302 $77961 Total Assets Liabilities Current Liabilities Accounts payable $185309 $56139 Accrued payroll and benefits $183788 $72118 Other $72587 $170352 Total Current Liabilities Non-Current Liabilities Long Term debt $84770 $156446 Other Long Term debt $145647 $174676 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Debt Ratio for Company B.

wo Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $162055 $87148 Accounts Receivable $69541 $157472 Inventory $98118 $128024 Prepaid insurance $124346 $57301 Prepaid rent $158319 $132855 Other $72587 $170352 Total Current Assets Non-Current Assets Land $109144 $181575 Equipment $152782 $115712 Notes receivable $188302 $77961 Total Assets Liabilities Current Liabilities Accounts payable $185309 $56139 Accrued payroll and benefits $183788 $72118 Other $72587 $170352 Total Current Liabilities Non-Current Liabilities Long Term debt $84770 $156446 Other Long Term debt $145647 $174676 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Debt Ratio for Company B.

Name: wo Company ComparisonCONSOLIDATED BALANCE SHEETSFiscal Year-End -20xx
Uploaded: 2024-03-05T11:47:04.000Z
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Description: wo Company ComparisonCONSOLIDATED BALANCE SHEETSFiscal Year-End -20xx Fiscal Year - 20xx Company ACompany BASSETS Current assets: Cash$162055$87148Accounts Receivable$69541$157472Inventory$98118$128024Prepaid insurance$124346$57301Prepaid rent$158

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter4: Accounting For Retail Operations

Section: Chapter Questions

Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...

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view Policies Current Attempt in Progress Using these data from the comparative balance sheet of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $ 467,400 $ 410,000 Inventory $ 785,400 % $ 660,000 % Total assets $3,197,900 % $2,830,000 % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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wo Company Comparison
CONSOLIDATED BALANCE SHEETS
Fiscal Year-End -20xx

	Fiscal Year - 20xx
	Company A	Company B
ASSETS
Current assets:
Cash	$162055	$87148
Accounts Receivable	$69541	$157472
Inventory	$98118	$128024
Prepaid insurance	$124346	$57301
Prepaid rent	$158319	$132855
Other	$72587	$170352
Total Current Assets
Non-Current Assets
Land	$109144	$181575
Equipment	$152782	$115712
Notes receivable	$188302	$77961
Total Assets
Liabilities
Current Liabilities
Accounts payable	$185309	$56139
Accrued payroll and benefits	$183788	$72118
Other	$72587	$170352
Total Current Liabilities
Non-Current Liabilities
Long Term debt	$84770	$156446
Other Long Term debt	$145647	$174676
Total Non-Current Liabilities
Shareholders Equity
Common Shares
Total Shareholders Equity
Liabilities & Sharehoders`Equity