ASSIGNMENT #4
The following is a Balance Sheet for a company for two years:
Assets	Year 0007	Year 0008
Current Assets
Cash	$11,300	$15,400
Credit card receivables	4,500	6,300
Accounts receivable	11,100	18,900
Vending inventories	7,500	8,400
Prepaid expenses	4,200	4,100
Total Current Assets	$38,600	$53,100
Property Plant & Equipment
Land	$81,200	$81,200
Building	758,100	795,300
Furnishing	83,712	93,412
Equipment	90,688	90,688
Accumulated depreciation	-315,500	-335,800
Glassware, linen inventories	12,200	15,300
Net Property and Equipment	$710,400	$740,100
Total Assets	$749,000	$793,200
Liabilities & Stockholders Equity
Current Liabilities
Accounts payable	$9,200	$12,200
Accrued expenses payable	4,150	4,900
Taxes payable	12,150	15,500
Current portion, mortgage payable	13,500	11,200
Total Current Liabilities	$39,000	$43,800
Long-Term Liabilities
Mortgage payable	$423,800	$412,300
Total Liabilities	$462,800	$456,100
Stockholders Equity
Capital stock	$125,200	$145,200
Retained earnings	161,000	191,900
Total Stockholders Equity	$286,200	$337,100
Total Liabilities & Stockholders Equity	$749,000	$793,200
1
Present in the proper form a comparative horizontal analysis of the
corporate balance sheet shown below.
Comment on any items of difference that you consider significant.
2
Complete a common-size vertical balance sheet analysis in proper form
for Year 0007 and Year 0008.
Comment on any changes you consider significant