Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Page prcdente Page suivante Question 62 (2 points) Using vertical analysis for 2018, compute the percentage for shareholders equity. BLK Inc. Statement of financial position

Page prcdente Page suivante Question 62 (2 points) Using vertical analysis for 2018, compute the percentage for shareholders equity. BLK Inc. Statement of financial position year ended 31 December Cash Accounts receivable Inventory Prepaid expenses Current assets Non-current assets Total assets 2018 $1,970 2017 $1,379 2016 $985 $30,880 $21,616 $15,440 $16,455 $11,519 $8,228 $888 $1,775 $1,243 $51,080 $35,756 $25,540 $193,120 $135,184 $96,560 $244,200 $170,940 $122,100 Liabilities Current liabilities Non-current liabilities Total liabilities Shareholders equity $34,275 $23,993 $17,138 $32,300 $22,610 $16,150 $66,575 $46,603 $33,288 $177,625 $124,338 $88,813 Total liabilities & shareholders equity $244,200 $170,940 $122,100 68.54% 69.25 72.74% Page 62 de 62image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

Students also viewed these Accounting questions

Question

Define self-acceptance. (p. 141)

Answered: 1 week ago

Question

What are the purposes of promotion ?

Answered: 1 week ago

Question

Define promotion.

Answered: 1 week ago