Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, eg 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, L. (25.23%) Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings $65,000 Total 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) Liabilities and Stockholders' Equity Accounts payable $183,000 $3,134,000 88,000 599,000 1,784,000 480,000 $3,134,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 2026 % % % % % % $42,000 324,000 251.000 589,000 20,000 2,509,000 (1,007,000) $2.728.000 $346,000 76,000 486,000 1,524,000 296.000 $2,728.000 2025

Prepare a comparative balance sheet of Ivanhoe Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 1 decimal place, eg 2.5%. Enter the negative percentages with either a negative sign, Le. -25.2% or parenthesis, L. (25.23%) Assets Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Fixed assets Accumulated depreciation Total Accrued expenses Bonds payable Capital stock Retained earnings $65,000 Total 362,000 414,000 609,000 20,000 2,860,000 (1,196,000) Liabilities and Stockholders' Equity Accounts payable $183,000 $3,134,000 88,000 599,000 1,784,000 480,000 $3,134,000 IVANHOE COMPANY Comparative Balance Sheet December 31, 2026 and 2025 December 31 2026 % % % % % % $42,000 324,000 251.000 589,000 20,000 2,509,000 (1,007,000) $2.728.000 $346,000 76,000 486,000 1,524,000 296.000 $2,728.000 2025

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 75E

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