" HW-Ch13 Course Hero X What is inventory turnover: inve x G what is cost of goods sold - Gc x + C coc.instructure.com/courses/22387/assignments/576110?module_item_id=1202157 G + ConferZOOM Question 8 -/3 Announcements View Policies WileyPLUS Support Current Attempt in Progress Account Library Suppose the comparative balance sheets of Marin Inc.. are presented here. The Learning Center MARIN INC. Dashboard Purchase Course Materials Condensed Balance Sheet May 31 Courses Google Drive ($ in millions) NameCoach 2020 2019 Calendar Campus Resource Assets Guide Current Assets $9,880 $8,810 Inbox Property, plant, and equipment (net) 1,940 1,830 ? 1,580 Help Other assets 1,700 Total assets $13,400 $12,340 Liabilities and Stockholders' Equity Current Liabilities $3,200 $3,300 Long-term liabilities 1,250 1,370 Stockholders' equity 8,750 7,750 Total liabilities and stockholders' equity $13,400 $12,340 (a) Prepare a horizontal analysis of the balance sheet data for Marin, using 2019 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%. KAW-Ch13 Course Hero X What is inventory turnover: inve x G what is cost of goods sold - Gc x C coc.instructure.com/courses/22387/assignments/576110?module_item_id=1202157 G (a) Prepare a horizontal analysis of the balance sheet data for Marin, using 2019 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) MARIN INC. Account Condensed Balance Sheet May 31 ($ in millions) Dashboard Percentage Increase Change Courses 2020 2019 (Decrease) from 2019 Assets Calendar Current Assets $9,880 $8,810 $ Property, plant, and equipment (net) 1,940 1,830 Inbox ? Other assets 1,580 1,700 Help Total assets $13,400 $12,340 $ Liabilities and Stockholders' Equity Current Liabilities $3,200 $3,300 $ Long-term liabilities 1,250 1,370 Stockholders' equity 8,750 7,750 % Total liabilities and stockholders' equity $13,400 $12,340 $ (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. K MARIN INC.AW-Ch13 * Course Hero X What is inventory turnover: inve x G what is cost of goods sold - Go x + C coc.instructure.com/courses/22387/assignments/576110?module_item_id=1202157 G + Total liabilities and stockholders' equity $13,400 $12,340 $ % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. Account MARIN INC. Condensed Balance Sheet Dashboard Courses $ (in millions) Percent Assets Calendar Current Assets $9,880 % Property, plant, and equipment (net) 1,940 % Inbox ? Other assets 1,580 Help Total assets $13,400 % Liabilities and Stockholders' Equity Current Liabilities $3,200 % Long-term Liabilities 1,250 % Stockholders' equity 8,750 % Total liabilities and stockholders' equity $13,400 eTextbook and Media K Save for Later Attempts: unlimited Submit
