II. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the following Balance Sheet and Income Statement Income Statement 2019 $82,135 Revenue Total Expenses Cost of Goods Sold SO Expenses Other Expenses Interest Expense Provision for Taxes Net Income 32,574 15,931 11,304 3.210 4,536 Assets Cash and Marketable Securities Accounts Receivable Inventory Total Current Assets Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Long-Term Debt Total Liabilities Shareholders Equity Total Liabilities and Equity TA Balance Sheet 2019 $12,095 15,700 18,324 15,000 $3,590 28,590 VA 2020 $94,571 35,872 16,782 10,947 4,015 5,200 2020 $15,035 14,200 18,540 17.008 $9,000 27.500 VA VA HA HA
II. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the following Balance Sheet and Income Statement Income Statement 2019 $82,135 Revenue Total Expenses Cost of Goods Sold SO Expenses Other Expenses Interest Expense Provision for Taxes Net Income 32,574 15,931 11,304 3.210 4,536 Assets Cash and Marketable Securities Accounts Receivable Inventory Total Current Assets Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Long-Term Debt Total Liabilities Shareholders Equity Total Liabilities and Equity TA Balance Sheet 2019 $12,095 15,700 18,324 15,000 $3,590 28,590 VA 2020 $94,571 35,872 16,782 10,947 4,015 5,200 2020 $15,035 14,200 18,540 17.008 $9,000 27.500 VA VA HA HA
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 31BEB
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question
can you include the arranged table of it? i have trouble on it. Thanks!
Solution
by Bartleby Expert
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Financial Reporting, Financial Statement Analysis…
Finance
ISBN:
9781285190907
Author:
James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Financial Reporting, Financial Statement Analysis…
Finance
ISBN:
9781285190907
Author:
James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning