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Hello please answer these asap. Thank you in advance! 50 points Dev Xe Company has the following Statement of Comprehensive Income in a Single Step
Hello please answer these asap. Thank you in advance!
50 points Dev Xe Company has the following Statement of Comprehensive Income in a Single Step format for the year ended December 31, 2020. COMPUTE the percentage change of accounts for the year 2020 and 2021 respectively, using the Horizontal Analysis. * peso and Dev Xe Company Statement of Financial Statement 31-Dec-20 in thousand Pesos (Php) 2020 2021 AMOUNT PERCENT Revenues and Gains Sales Revenue Interest Revenue Sales of Investment Total Revenues and Gains 275,000.00 325,000.00 10,000.00 8,000.00 9,000.00 5,000.00 294,000.00 338,000.00 ? ? ? ? ? ? ? ? Expense and Losses Cost of Good Sold Additional Suppliers' Payment Office Supplies Office Equipment Advertising Interest Payments Losses for Non-Sale Activities Total Expense and Losses 100,000.00 145,000.00 7,500.00 21,000.00 9,000.00 13,000.00 13,000.00 18,000.00 5,000.00 10,000.00 12,000.00 6,000.00 1,750.00 4,700.00 148,250.00 217,700.00 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Net Income 145,750.00 120,300.00 ? ? 50 points Dev Xe Company has the following Statement of Comprehensive Income in a Single Step format for the year ended December 31, 2020. ANALYZE the peso and percentage change of accounts for the year 2020 and 2021 respectively, using the Horizontal Analysis. STATE your analysis per account. * Dev Xe Company Statement of Financial Statement 31-Dec-20 in thousand Pesos (Php) 2020 2021 AMOUNT PERCENT Revenues and Gains Sales Revenue Interest Revenue Sales of Investment Total Revenues and Gains 275,000.00 325,000.00 10,000.00 8,000.00 9,000.00 5,000.00 294,000.00 338,000.00 ? ? ? ? ? ? ? ? Expense and Losses Cost of Good Sold Additional Suppliers' Payment Office Supplies Office Equipment Advertising Interest Payments Losses for Non-Sale Activities Total Expense and Losses 100,000.00 145,000.00 7,500.00 21,000.00 9,000.00 13,000.00 13,000.00 18,000.00 5,000.00 10,000.00 12,000.00 6,000.00 1,750.00 4,700.00 148,250.00 217,700.00 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Net Income 145,750.00 120,300.00 Step by Step Solution
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