Horizontal Analysis The comparative temporary Investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $88,253 $78,100 Long-term debt 48,326 66,200 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable Long-term debt Vertical Analysis Income statement Information for Einsworth Corporation follows: Sales Cost of goods sold $518,000 124,320 393,680 Gross profit Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Sales Cost of goods sold Amount Percentage $518,000 124,320 Gross profit $393.680 Previous Next Secvate Analysis A company reports the following: Sales Average accounts receivable (net) 45.990 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables Target Profit Forest Company sells a product for $170 per unit. The variable cost is $75 per unit, and fixed costs are $741,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $251,940. units a. Break-even point in sales units b. Break-even point in sales units if the company desires a target profit of $251,940 units Previous