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create a horizontal analysis of this balance sheet please Balance sheet @ year end 2011 2010 Current Assets Cash Accounts Receivables, net (2009 ending 20,000)
create a horizontal analysis of this balance sheet please
Balance sheet @ year end 2011 2010 Current Assets Cash Accounts Receivables, net (2009 ending 20,000) Inventory (2009 ending 25,000) Total Current Assets 33,000 33,000 27,000 93,000 20,000 14,000 20,000 54,000 Property Plant & Equipment Accumulated depreciation 60,000 (29,000) 78,000 (24,000) 124,000 108,000 Total Assets Accounts Payable Income Tax Payable Total Current Liabilities Bonds Payable Total Liabilities 29,000 7,000 36,000 27,000 63,000 15,000 8,000 23,000 33,000 56,000 Common Stock Retained Earnings Total Liabilities and Shareholders Equity 18,000 43,000 124,000 14,000 38,000 108,000 Step by Step Solution
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