Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Construct a vertical analysis The Company ASSETS 11 Dec 2020 120 678 1129 The Co 31-Dec 2019 125 740 1.215 12 20 2,195 1.530 791
Construct a vertical analysis
The Company ASSETS 11 Dec 2020 120 678 1129 The Co 31-Dec 2019 125 740 1.215 12 20 2,195 1.530 791 747 11-Dec 2019 3,721 2.500 1,221 Cash Accounts Receivable Inventories Prepaid Expenses Accumulated to prepayments Current Assets Fixed Assets at cost Less: Accumulated Depreciation Net Fixed Assets Investment plong term Other Assets long term Total Assets LIABILITIES K SHAREHOLDERS' EQUITY 31-Dec 2020 3,992 2.680 1,112 912 400 15 315 134 201 140 25 2,241 1.590 (157) 739 65 205 3,250 S41 Net Sales Cost of Goods Sold Grous Profit Selling general administrative expenses Earnings before interest and taxes Interest expense Earnings before tanes Income takes Earnings after taxes Cash dividends Increase in retained earnings 205 3,148 2020 2019 111 330 70 310 112 198 130 58 441 143 36 191 823 631 356 136 127 164 783 Bank loans and notes payable Accounts Payable Acerued Taxes Other accrued liabilities Current Liabilities Long-term debt Shareholders' equity Common Stock, 1 par value Additional paid in capital Retained earnings Total shareholders' equity Total tinbilities and shareholders equity 421 361 1,034 1.750 1.250 421 361 956 1.738 2.140
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started