Financial Accounting
4th Edition
ISBN: 9781259307959
Author: J. David Spiceland, Wayne M Thomas, Don Herrmann
Publisher: McGraw-Hill Education
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Chapter 12, Problem 12.3BP
1.
To determine
To Prepare: The vertical analysis of the
2.
To determine
To Prepare: The horizontal analysis of the balance sheet data for 2018 and 2017, using 2017 as the base year.
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As Reported Annual Balance Sheet
Report Date
Scale
2019
2018
2017
2016
Thousands
Thousands
Thousands
Thousands
Assets
Cash & cash equivalents
Receivables, net
9,465,000
7,722,000
6,756,000
6,867,000
6,283,000
5,614,000
43,783,000
3,511,000
59,664,000
107,675,000
5,835,000
43,046,000
1,941,000
57,689,000
107,710,000
6,284,000
Inventories
44,435,000
44.269.000
3,623,000
61,897,000
104,317,000
Prepaid expenses & other current assets
Total current assets
1,622,000
61,806,000
105,208,000
17,424,000
4,417.000
Property & equipment, net
Operating lease right-of-use assets
Finance lease right-of-use assets, net
Property under capital lease & financing obligations, net
Goodwill
Other long-term assets
Total assets
7,078,000
31,181,000
14,822,000
219,295,000
7,143,000
18,242,000
11,798,000
204,522,000
6.468,000
17,037,000
9,921,000
198,825,000
31,073,000
16,567,000
236,495,000
Liabilities & Equity
Short-term borrowings
Accounts payable
Accrued liabilities
575,000
46,973,000
22,296,000
280,000…
Compare and explain the balance sheets of two different years (2019,2020)
in horizontal analysis explain the results of total current asset and non current assets and what its impact of the results to the company
Chapter 12 Solutions
Financial Accounting
Ch. 12 - Prob. 1RQCh. 12 - Prob. 2RQCh. 12 - Prob. 3RQCh. 12 - Prob. 4RQCh. 12 - 5.In performing horizontal analysis, why is it...Ch. 12 - Prob. 6RQCh. 12 - Prob. 7RQCh. 12 - Prob. 8RQCh. 12 - Prob. 9RQCh. 12 - Prob. 10RQ
Ch. 12 - Prob. 11RQCh. 12 - Prob. 12RQCh. 12 - Prob. 13RQCh. 12 - Prob. 14RQCh. 12 - Prob. 15RQCh. 12 - Prob. 16RQCh. 12 - Prob. 17RQCh. 12 - Prob. 18RQCh. 12 - Prob. 19RQCh. 12 - Prob. 20RQCh. 12 - Prob. 12.1BECh. 12 - Prob. 12.2BECh. 12 - Prob. 12.3BECh. 12 - Prob. 12.4BECh. 12 - Prob. 12.5BECh. 12 - Universal Sports Supply began the year with an...Ch. 12 - Prob. 12.7BECh. 12 - Prob. 12.8BECh. 12 - Prob. 12.9BECh. 12 - Prob. 12.10BECh. 12 - Prob. 12.11BECh. 12 - Prob. 12.12BECh. 12 - Prob. 12.13BECh. 12 - Classify each of the following accounting...Ch. 12 - Classify each of the following accepted accounting...Ch. 12 - Prob. 12.1ECh. 12 - Prob. 12.2ECh. 12 - Prob. 12.3ECh. 12 - Prob. 12.4ECh. 12 - Prob. 12.5ECh. 12 - Refer to the information for Adrian Express in...Ch. 12 - Prob. 12.7ECh. 12 - Calculate profitability ratios (LO124) Refer to...Ch. 12 - Prob. 12.9ECh. 12 - The income statement for Stretch-Tape Corporation...Ch. 12 - Prob. 12.11ECh. 12 - LeBrons Bookstores has two divisions, books and...Ch. 12 - Prob. 12.13ECh. 12 - Prob. 12.14ECh. 12 - Distinguish between conservative and aggressive...Ch. 12 - Prob. 12.1APCh. 12 - Prob. 12.2APCh. 12 - Prob. 12.3APCh. 12 - Prob. 12.4APCh. 12 - Prob. 12.5APCh. 12 - Prob. 12.6APCh. 12 - Game-On Sports operates in two distinct segments:...Ch. 12 - Prob. 12.2BPCh. 12 - Prob. 12.3BPCh. 12 - Prob. 12.4BPCh. 12 - Prob. 12.5BPCh. 12 - Prob. 12.6BPCh. 12 - Prob. 12.1APCPCh. 12 - Prob. 12.2APFACh. 12 - Prob. 12.3APFACh. 12 - Prob. 12.4APCACh. 12 - Prob. 12.5APECh. 12 - Prob. 12.7APWCCh. 12 - Prob. 12.8APEM
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