4. VERTICAL ANALYSISOur CompanyStatement of Financial PositionDecember 31, 201A, and 201BASSETS201A201BCurrent AssetsCash160,000.00200,000.00Accounts Receivable, net85,000.00112,000.00Inventory60,000.0055,000.00Short-term investments30,000.0030,000.00Prepaid Expenses20,000.0018,000.00Total Current Assets355,000.00415,000.00Non-Current AssetsLand810,000.00810,000.00Building, netMachinery, netFurniture and Fixtures, net500,000.00490,000.00305,000.00295,000.00106,000.001,701,000.00108,000.00Total Non-Current Assets1,723,000.00Total Assets2,078,000.00100%2,116,000.00100%LIABILITIES AND EQUITYCurrent LiabilitiesAccounts Payable60,000.00110,000.00Short Term Liabilities55,000.00100,000.00Total Current Liabilities115,000.00210,000.00Non-Current LiabilitiesLong term DebtsBonds Payable130,000.00305,000.00100,000.00100,000.00Total Non-current liabilities230,000.00405,000.00Total Liabilities345,000.00615,000.00Total Capital1,733,000.001,501,000.00Total Liabilities and Capital2,078,000.00100%2,116,000.00100%

Vertical analysis of financial statements means an analysis of each item as a percentage of…

Answered: 4. VERTICAL ANALYSIS Our Company…

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 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...

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Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $119.70 on December 31, 20Y8 Instructions Return on total assets
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