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financing the plant expansion through internally generated funds? Discuss. *p24.4 (LON) EXCEL (Horizontal and Vertical Analysis) Presented below is the comparative balance sheet for Gilmour

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financing the plant expansion through internally generated funds? Discuss. *p24.4 (LON) EXCEL (Horizontal and Vertical Analysis) Presented below is the comparative balance sheet for Gilmour Com Gilmour Company GILMOUR COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018 AND 2017 CA 24-1/ annual find does not h per con Koch December 31 2018 2017 Assets ries for ea Theo ture and F at cost. Th Koch below. Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation $ 180,000 220,000 270,000 1,060,000 25,000 2,585,000 (1,000,000) $3,340,000 $ 275,000 155,000 150,000 980,000 25,000 1,950,000 (750,000) $2,785,000 Instructi What inf audited f Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Common stock Retained earnings $ 50,000 170,000 450,000 2,100,000 570,000 $3,340,000 $ 75,000 200,000 190,000 1,770,000 550,000 $2,785,000 CA 24-2 radios, te ended De the follow statement Item 1: net incon agreemer Instructions (Round to two decimal places.) (a) Prepare a comparative balance sheet of Gilmour Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (b) Prepare a comparative balance sheet of Gilmour Company showing the dollar change and the percent change for each item (c) Of what value is the additional information provided in part (a)? (d) Of what value is the additional information provided in part (b)? have tota earnings Hem 2: *P24-5 (LOG) WRITING (Dividend Policy Analysis) Matheny Inc. went public 3 years ago. The board of directors will meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily throus the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary Matheny Inc. operations, through quarter Hem 3 produce

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