4. Calculate the Balance Sheet from The Secret Sea Hotel & Resort year 2017- 2018 by completing the blank column for Vertical Analysis and Horizontal Analysis. - Total of 30 column to be completed. - Do assure to include the calculation, not only the final result. - Create a similar table format to answer this number. Horizontal Balance Sheet (USD) Vertical Analysis Horizontal Analysis 2017 2018 Vertical analysis Summary, as of December 2017 2018 Amount Liabilities Accounts Payable Long Term Liabilities Tax Payables 35.250 60.550 16% 25.300 11% 75.250 80.500 15.125 5.700 Total Liabilities 125.625 146.750 55% 21.125 17% .. Equity Common Stock 85.750 100.250 Retained Earnings 14.500 18.500 28% Total Equity 100.250 118.750 44% Total Liabilities & Equity 225.875 265.500 100%

4. Calculate the Balance Sheet from The Secret Sea Hotel & Resort year 2017- 2018 by completing the blank column for Vertical Analysis and Horizontal Analysis. - Total of 30 column to be completed. - Do assure to include the calculation, not only the final result. - Create a similar table format to answer this number. Horizontal Balance Sheet (USD) Vertical Analysis Horizontal Analysis 2017 2018 Vertical analysis Summary, as of December 2017 2018 Amount Liabilities Accounts Payable Long Term Liabilities Tax Payables 35.250 60.550 16% 25.300 11% 75.250 80.500 15.125 5.700 Total Liabilities 125.625 146.750 55% 21.125 17% .. Equity Common Stock 85.750 100.250 Retained Earnings 14.500 18.500 28% Total Equity 100.250 118.750 44% Total Liabilities & Equity 225.875 265.500 100%

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter2: Financial Statements And The Annual Report

Section: Chapter Questions

Problem 2.2DC

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