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Hi, I want the answer for this question please PART D: Financial Statement Analysis INSTRUCTION: Read the questions carefully and use the information provided in
Hi, I want the answer for this question please
PART D: Financial Statement Analysis INSTRUCTION: Read the questions carefully and use the information provided in each question to answer that question. Show all your calculation and workings. Financial information for MMM Inc. is presented below. (Time: 35-45 minutes) Increase or (Decrense) during December 31, 2020 December 31, 2019 2020 Amount Percentage 76,000 OMR 80.000 OMR 54.000) -5,0% 124.000 130,000 (56.000) 46% 200.000. OMR 210000 OMB (510.000) 4.8% Assets Current assets Non-Current Assets Total assets Liabilities Current liabilities Long-term debt Total liabilities Stockholders' Equity Common stock, 51 par Retained eamings Total Stockholder's Equity Total Liabilities & Stockholder's Equity 40,800 OMR 1143.000 L 48.000 OMR a 150,000 b d. h 10.000 6.200 116200 9000 3.000 12000 1.000 3.200 2200 1067% 3505 200.00DIOMR 210.0000 OMR TO-9001 Requirements: 1. Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year by calculating the missing amounts of the schedule. Show all your alculation and workings. (Rubries: 05 mark for each comest entry of the horisontal-analysis including the correct working and calculations. Totale dmarks 2. Prepare a schedule showing a vertical analysis for 2020 by calculating the mising amounts of the schedule. Show all your calculation and workings IRihrisaminarasantrahamaywantullantation Tata 2020 2019 100.0% Sales Cost of goods sold Gross profit Selling expenses Administrative exp Total operating exp Net income $600,000 483,000 a 117,000 b. 27,000 C 30,200 d 57,200 e $59.800 $500,000 420,000 80,000 22.000 22.000 44,000 $36,000 100.0% 84 0% 16.0% 4.4% 4.4% 8.8% 7.2%Step by Step Solution
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