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Chapter 12 Homework Saved 1 The balance sheets for Company A for Year 2 nd Year 1 are presented below Part 1 of 2 Required:

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Chapter 12 Homework Saved 1 The balance sheets for Company A for Year 2 nd Year 1 are presented below Part 1 of 2 Required: 1. Prepare a vertical analysis of the balance sheet data for Year 2 and Year 1. Express each amount as a percentage of total assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) 3 points COMPANY A Balance Sheet December 31 Year 2 Amount eBook Year 1 Amount Hint Print References Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total abilities and stockholders' equity $ 2,655,000 1,320,000 2,775,000 10,050,000 (1.800.000) $ 15,000,000 900,000 1,200,000 1.250.000 10,050,000 (900,000) $ 12,500,000 $ 1.562.500 $ 1,725,000 1.245,000 5,475,000 6,555,000 $ 15,000,000 5.475 000 5.462.500 $ 12,500,000 ME STON HI Prev 1 2 Next > Lenovo

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