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1. Problem 1: The aggregated Statement of Financial Position of Jenny Company is presented beloa 12/31/20S4 Php 500,000.00 12/31/20S3 Php 400,000.00 Current Assets Current liabilities 84,000.00 532,000.00 a1,188,000.00 Property, Plant and Equipment 1,320,000.00 ATHUO 280,000.00 ATEMAOU 364,000.00 Long term liabilities Dwners capital 380,000.00 1,060,000.00 (8 eeW) Required: 1. Perform horizontal analysis for 20S4 using 20S3 as base year 2. Perform vertical analysis for 20S4 and 20S3 statement of financial position

1. Problem 1: The aggregated Statement of Financial Position of Jenny Company is presented beloa 12/31/20S4 Php 500,000.00 12/31/20S3 Php 400,000.00 Current Assets Current liabilities 84,000.00 532,000.00 a1,188,000.00 Property, Plant and Equipment 1,320,000.00 ATHUO 280,000.00 ATEMAOU 364,000.00 Long term liabilities Dwners capital 380,000.00 1,060,000.00 (8 eeW) Required: 1. Perform horizontal analysis for 20S4 using 20S3 as base year 2. Perform vertical analysis for 20S4 and 20S3 statement of financial position

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.3.1P: Effect of transactions on current position analysis Data pertaining to the current position of...
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Solve the given problem. 1. Problem 1: The aggregated Statement of Financial Position of Jenny Company is presented below:
Solve the given problem. 1. Problem 1: The aggregated Statement of Financial Position of Jenny Company is presented below 12/31/20S4 12/31/20S3 Current Assets Php 500,000.00 Php 400,000.00 Property, Plant and Equipment ST Current liabilities 84,000.00 Long term liabilities Owners capital 1,320,000.00 ATWUO 280,000.00 ATMEMAOUR 364,000.00 532,000.00 380,000.00 1,188,000.00 1,060,000.00 (8 lesW) Required: 1. Perform horizontal analysis for 20S4 using 20S3 as base year 2. Perform vertical analysis for 20S4 and 20S3 statement of financial position
Transcribed Image Text:Solve the given problem. 1. Problem 1: The aggregated Statement of Financial Position of Jenny Company is presented below 12/31/20S4 12/31/20S3 Current Assets Php 500,000.00 Php 400,000.00 Property, Plant and Equipment ST Current liabilities 84,000.00 Long term liabilities Owners capital 1,320,000.00 ATWUO 280,000.00 ATMEMAOUR 364,000.00 532,000.00 380,000.00 1,188,000.00 1,060,000.00 (8 lesW) Required: 1. Perform horizontal analysis for 20S4 using 20S3 as base year 2. Perform vertical analysis for 20S4 and 20S3 statement of financial position
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