2018 2019 2020 Receivables 2,870 2,944 1,963 4,051 Payables 1,862 3,613 Long-term debt 500 1,000 950 Sales 11,863 14,952 16,349 Inventories 2,031 2,613 3,287 Bank loan 250 900 1,050 Accruals 301 516 587 Cash 561 387 202 Net fixed assets 2,581 2,276 4,430 2,471 4,364 2,793 5,704 Selling, general, and administrative expenses Shareholder's equity 4,223 4,940 Interest 73 188 200 Cost of goods sold 8,537 11,124 12,016 Таxes 390 452 576 Total assets ? ? Current assets ? ? Current liabilities ? ? Total liabilities and shareholder's equity ? ? Gross Profit ? ? Profit before taxes ? Net Income ? ? Requirements: 2. Conduct a vertical and horizontal analysis for Balance sheet and Income statement.
2018 2019 2020 Receivables 2,870 2,944 1,963 4,051 Payables 1,862 3,613 Long-term debt 500 1,000 950 Sales 11,863 14,952 16,349 Inventories 2,031 2,613 3,287 Bank loan 250 900 1,050 Accruals 301 516 587 Cash 561 387 202 Net fixed assets 2,581 2,276 4,430 2,471 4,364 2,793 5,704 Selling, general, and administrative expenses Shareholder's equity 4,223 4,940 Interest 73 188 200 Cost of goods sold 8,537 11,124 12,016 Таxes 390 452 576 Total assets ? ? Current assets ? ? Current liabilities ? ? Total liabilities and shareholder's equity ? ? Gross Profit ? ? Profit before taxes ? Net Income ? ? Requirements: 2. Conduct a vertical and horizontal analysis for Balance sheet and Income statement.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 103.1C: Leverage Cook Corporation issued financial statements at December 31, 2019, that include the...
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