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1) Compute the percentage change in sales revenue based on the following data: 2019 2018 Sales revenue $ 120,000 $ 100,000 2) Perform a vertical
1) Compute the percentage change in sales revenue based on the following data: 2019 2018 Sales revenue $ 120,000 $ 100,000 2) Perform a vertical analysis for the following partial balance sheet: Cash $ 120,000 Accounts receivable 80,000 Property, plant, and equipment, net 200,000 Other assets 100,000 Total assets $ 500,000 3) Compute the current ratio, acid-test ratio, inventory turnover, and accounts receivable turn over, for 2019 rounded to 2 decimal places based on the following data 2019 2018 Cash 72,000 75,000 32,000 Short-term investments 30,000 Net accounts receivable 94,000 98,000 Inventory 142,000 125,000
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