Homework: HW #11 (Financial Statement Analysis) Save Score: 0 of 1 pt 4 of 10 (9 completo) HW Score: 59.83%, 5.98 of 10 pts S12-3 (similar to) Question Help McCormick Designs reported the following amounts on its balance sheets at December 31, 2018, 2017 and 2018: Click the icon to view the data.) Sales and profits are high. Nevertheless, McCormick is experiencing a cash shortage. Perform a vertical analysis of the company's assets at the end of years 2018, 2017 and 2010. Use the analysis to explain the reason for the cash shortage Perform a vertical analysis of McCormick Software's assets at the end of year 2018, 2017 and 2016. (Round your answers to the nearest one-tenth of a percent. XX%) McCormick Designs, Inc. M Vertical Analysis Enter any number in the edit fields and then click Check Answer 1 par remaining Clear All Check Answer 512-3 (similar to) McCormick Designs reported the following amounts on its balance sheets at December 31, 2018, 2017, and 2016: (Click the icon to view the data.) Sales and profits are high. Nevertheless, McCormick is experiencing a cash shortage. Perform a vertical analysis of the company's the analysis to explain the reason for the cash shortage. Amount Percent Amount Percent Amount Percent Cash S 15.800 % S 9.100 9 $ 8.400 41,800 %6 Receivables, net Inventory 29.400 27.480 201.520 270.400 96 96 155,400 96 Enter any number in the edit fields and then click Check Answer 1 part remaining Clear All Score: 0 of 1 pt 4 of 10 (9 complete) S12-3 (similar to) McCormick Designs reported the following amounts on its balance sheets at December 31, 2018, 2017, and 2016: (Click the icon to view the data.) Sales and profits are high. Nevertheless, McCormick is experiencing a cash shortage. Perform a vertical analysis of the company's ass the analysis to explain the reason for the cash shortage. Prepaid expenses 41.600 45,800 %6 37.800 Property, plant and equipment, net 150.800 174,040 189,000 96 Total assets 520.000 468.000 $ 420.000 96 96 96 96 $ $ 96 Enter any number in the edit fields and then click Check Answer 1 pan remaining Clear All 1 Data Table ho 2018 2017 2016 rears fo Cash S 15,800 $ 9.180 S 6,400 41.800 29.400 Receivables, net Inventory Prepaid expenses 27.480 201.520 270.400 155,400 41.800 45.800 174.040 37.800 159.000 150.800 elds Print Done Data Table TOU Casa 41.600 Receivables, net 27 480 29.400 inventory 270.400 201 520 1:55.400 Prepaid expenses 41 800 150.800 45 800 174040 180.000 Property, plant and equipment net U 520.000 458.000 420.000 Total assets
