Question
Epsilon Designs,Inc. has the following data: Perform a vertical analysis of Epsilon Design's balance sheet for each year. Epsilon Designs,inc. Balance sheet December 31, 2016
Epsilon Designs,Inc. has the following data:
Perform a vertical analysis of Epsilon Design's balance sheet for each year.
Epsilon Designs,inc. Balance sheet
December 31, 2016 and 2015
Assets
Total Current Assets....2016......46,150.......%
Property,plant,and Equipment,Net......242,125....%
Other Assets.....36,725..........%
Total Assets...$325,000.........%
Total current liabilities.... $43,875.......%
Epsilon Designs,inc
Comparative balance sheet
December 31,2016 and 2015
Assets
Total current Assets......2016...$46,150. and 2015 $71,205
Property,plant and Equipment ,Net 242,125 and 2015 $169,680
Other Assets. $36,725. and 62,115
Total Assets $325,000 and $303,000
Total current liabilities 2016 $43,875 and 2015 48,480
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Operational Auditing A Complete Guide
Authors: Gerardus Blokdyk
2019 Edition
0655515879, 978-0655515876
