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Below are two problems one horizontal and one vertical. Complete what is asked in the colored we For the horizontal problem show it as comparative, and the vertical problemas common-sized. Next extent the problems and show the horizontal problemas common-sized next to it's comparative columns Do similar work for the vertical problem except show it comparative next to the common-sized columns See the example given in the "Assignments area. When complete deposit a copy of your results in the digital drop box. Horizontal LindquistCompany Comparative Balance Sheet December 31, 2017 and 2016 Comparative $ Change % Change Common-size 2017 2016 Assets Current Assets Property. Plant, and Equipment (net) Total Assets $ $ '$ 2017 37,200 $ 218,928 $ 256,128 '$ 2016 25,600 194,400 220,000 Liabilities and Stockholders' Equity Current Liabilities Long Term Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity $ $ $ $ 22,400 $ 70,000 $ 163,728 $ 256 128 $ 6,400 80,000 133,600 220,000 Vertical LindquistCompany Common-size Income Statement December 31, 2017 and 2016 3 4 Common-size 2017 2016 Comparative $ Change % Change 7 14 Net Sales Cost of Goods Sold Gross Margin Selling Expenses General Expenses Total Operating Expenses Net Operating Income $ $ S $ $ 5 5 2017 424,000 $ 254 400 $ 169,600 $ 106,000 $ 50,8805 156 880$ 12.7205 2016 368,000 239,200 128,800 73,600 36,800 110,400 18.400 30 42 Home Insert Draw Page Layout Formulas Data Review View Tell me Arial 10 - A A General Conditional Formatting Format as Table Cell Styles Paste B IU A $ % ) H K19 x fe AL c D Below are two problems one horizontal and one vertical. Complete what is asked in the colored areas For the horizontal problem show it as comparative, and the vertical problemas common-sized Next extend the problems and show the horizontal problemas common sed next to its comparative columns Do similar work for the vertical problem except show it comparative next to the common-sized columns See the example given in the "Assignments area. When complete deposit a copy of your results In the digital dropbox Horizontal Lindquist Company Comparative Balance Sheet December 31, 2017 and 2016 11 Comparative $ Change % Change Common-sure 2017 2016 Assets Current Assets Property, Plant, and Equipment (net) Total Assets $ $ $ 2017 37,200 $ 218,928 $ 256,128'S 2016 25,600 194,400 220,000 17 Liabilities and Stockholders' Equity Current Liabilities Long Term Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity $ $ $ s 22,400 $ 70,000 $ 163 7285 256,128 5 6,400 80,000 133,600 220,000 RRRRRRRRR Vertical Lindquist Company Common-size Income Statement December 31, 2017 and 2016 Common-size 2017 2016 Comparative $ Change % Change Net Sales Cost of Goods Sold Gross Margin Selling Expenses General Expenses Total Operating Expenses Net Operating Income $ $ $ $ $ $ $ 2017 424,000 $ 254,4005 169,600 $ 106,000 $ 50 880$ 156 8805 12.7205 2016 368,000 239,200 128.00 73,600 36,800 110,400 18.400 Arial 10 ' G Paste B I U x G H 1 2 3 4 5 6 7 Below are two problems one horizontal and one vertical. Complete what is asked in the colored areas. For the horizontal problem show it as comparative, and the vertical problem as common-sized. Next extent the problems and show the horizontal problem as common-sized next to it's comparative columns Do similar work for the vertical problem except show it comparative next to the common-sized columns. See the example given in the "Assignments area. When complete deposit a copy of your results in the digital drop box. 9 Horizontal 10 Lindquist Company Comparative Balance Sheet December 31, 2017 and 2016 11 12 13 Comparative $ Change % Change Common-size 2017 2016 14 15 Assets Current Assets Property, Plant, and Equipment (net) Total Assets 2017 37,200 $ 218,928 $ 256,128 $ $ $ $ 2016 25,600 194,400 220,000 16 18 Liabilities and Stockholders' Equity Current Liabilities Long Term Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity $ $ $ $ 22,400 $ 70,000 $ 163,728 $ 256,128 $ 6,400 80,000 133,600 220,000 24 CERRAR ANNAR SABRB 30 Vertical 31 Lindquist Company Common-size Income Statement December 31, 2017 and 2016 33 34 Common-size 2017 2016 Comparative $ Change % Change 35 36 38 Net Sales Cost of Goods Sold Gross Margin Selling Expenses General Expenses Total Operating Expenses Net Operating Income $ $ $ $ $ 5 $ 2017 424,000 $ 254,400 $ 169,600 S 106,000 $ 50,880 $ 156,880 $ 12,720 S 2016 368,000 239,200 128,800 73,600 36,800 110,400 18,400 42