Using Excel to Perform Horizontal and Vertical Analysis PROBLEM Comparative data from the statement of financial position of Wavy Ltd. are shown below. Curent assets Property, plant and equipment Goodwill Total assets 2024 $1,530,000 3,130,000 90,000 2022 2023 51.175,000 $1,225,000 2.800,000 100,000 $4,750,000 $4,075,000 $4,075,000 2,850,000 O Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area and work area an indicated a Using horizontal analysis, calculate the percentage of the base-year amount, using 2022 as the base year. Current assets Property, plant and equipment Goodwill Total assets 2024 Current assets Property, plant and equip. Goodwill Total assets 2023 b. Using vertical analysis, calculate the percentage of the base amount for each year. 2024 $1,530,000 3.130,000 90,000 $4,750,000 2022 Percentage

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Consider the following excerpt of Butterfly ​Corporation's balance sheet and income statement Use the excerpt of  ​Corporation's balance sheet and its income statement to compute ​'s profit margin and return on assets for 2022 and 2023. Comment on Butterfly​'s profitability and changes in profitability from 2022 to 2023 . Butterfly's total assets at the end of were ​$169,000 million. (in millions) 2023 2022 Sales $67,000 $66,000 Cost of Goods Sold 34,000 33,700 Gross Profit 33,000 32,300 Selling, General, and Administrative Expenses 15,000 15,100 Research and Development Expense 7,500 7,700 Interest Expense 190 185 Earnings before Taxes 10,310 9,315 Income Tax Expense 3,100 3,000 Net Income $7,210 $6,315 Assets (dollars in millions) 2023 2022 Current Assets     Cash and Cash Equivalents $20,000 $28,000 Marketable Securities 7,900 2,900 Accounts Receivable…

what is the return in assets for each year?

Please solve the question sub-division b alone.

The comparative balance sheets for Carla Vista Corporation appear below: CARLA VISTA CORPORATION Comparative Balance Sheet at December 31st 2027 2026 Assets Cash $ 17,160 $ 12,840 Accounts receivable 25,440 28,080 Land 24,000 31,200 Building 84,000 84,000 Accumulated depreciation—equipment (18,000) (12,000) Total assets $ 132,600 $ 144,120 Liabilities and Shareholders' Equity Accounts payable $ 14,840 $ 37,320 Common shares 90,000 82,800 Retained earnings 27,760 24,000 Total liabilities and shareholders' equity $ 132,600 $ 144,120 Additional information: 1. Profit for the year ending December 31, 2027 was $27,160. 2. Land was sold for cash of $5,880, resulting in a loss of $1,320 on sale of the land. 3. Cash dividends were declared and paid during the year, $23,400. REQUIRED: Prepare a Statement of Cash Flows, using the indirect method, for the year ended December 31, 2027 in proper format.

Forecast an Income Statement Following is the income statement for Medtronic PLC. Consolidated Statement of Income ($ millions) For Fiscal Year Ended April 26, 2019 Net sales $27,807 Costs and expenses   Cost of products sold 8,331 Research and development expense 2,330 Selling, general, and administrative expense 9,480 Amortization of intangible assets 1,605 Restructuring charges, net 198 Certain litigation charges, net 166 Other operating expense, net 258 Operating profit 5,439 Other nonoperating income, net (373) Interest expense 1,314 Income before income taxes 4,498 Income tax provision 547 Net income 3,951 Net income loss attributable to noncontrolling interests (19) Net income attributable to Medtronic $3,932   Use the following assumptions to prepare a forecast of the company’s income statement for FY2020.   Note: Complete the entire question in Excel using the following template: Excel Template. Format each answer to two decimal…

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Vertical Analysis of Balance Sheets Consolidated balance sheets for Winged Manufacturing follow. Winged ManufacturingConsolidated Balance Sheets(dollars in thousands)   December 31 ASSETS 2023 2023 Current assets: Cash and cash equivalents $1,203,488   $676,413   Short-term investments 54,368   215,890   Accounts receivable, net of allowance for doubtful accountsof $90,992 ($83,776 in 2022) 1,581,347   1,381,946   Inventories 1,088,434   1,506,638   Deferred tax assets 293,048   268,085   Other current assets 255,767   289,383   Total current assets $4,476,452   $4,338,355   Property, plant, and equipment: Land and buildings $484,592   $404,688   Machinery and equipment 572,728   578,272   Office furniture and equipment 158,160   167,905   Leasehold improvements 236,708   261,792     $1,452,188   $1,412,657   Accumulated depreciation and amortization (785,088)   (753,111)   Net property, plant, and equipment $667,100   $659,546   Other assets…

Return on Assets Ratio and Asset Turnover Ratio Northern Systems reported the following financlal data (in millions) In its annual report: 2018 2019 Net Income $9,050 $7.500 Net Sales 52,350 37,200 Total Assets 58,734 68,128 If the company's total assets are $55,676 in 2017, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.79%6) (b) asset turnover for 2018 and 2019 (round answers to two decimal places) 2018 2019 a. Return on Assets Ratio 96 96 b. Asset Turnover Ratio Check O Prevlous Save Answers