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Part B: Horizontal and Vertical Analysis December 31, 2015 December 31, 2014 Accounts Receivable $960 000 $600 000 Inventory 920 000 750 000 Total Assets
Part B: Horizontal and Vertical Analysis
| December 31, 2015 | December 31, 2014 | |
|---|---|---|
| Accounts Receivable | $960 000 | $600 000 |
| Inventory | 920 000 | 750 000 |
| Total Assets | 4 000 000 | 3 000 000 |
Instructions:
- Using the above data from the comparative balance sheet of Hargrove Corporation, complete a horizontal analysis comparing 2015 to the base year 2014.
- Using the above data from the comparative balance sheet of Hargrove Corporation, complete a vertical analysis that will compare accounts receivable and inventory to total assets for each year.
- What conclusions can you draw?
spreasheet
part b horizontal
| Hargrove Corporation | ||||
| Comparative Balance Sheet | ||||
| December 31 | ||||
| Increase (Decrease) | ||||
| during 2015 | ||||
| 2015 | 2014 | Amount | % | |
| Accounts Receivable | 960,000 | 600,000 | ||
| Inventory | 920,000 | 750,000 | ||
| Total Assets | 4,000,000 | 3,000,000 | ||
part b vertical
| Hargrove Corporation | ||||
| Comparative Balance Sheet | ||||
| December 31 | ||||
| 2015 | % | 2014 | % | |
| Accounts Receivable | 960,000 | 600,000 | ||
| Inventory | 920,000 | 750,000 | ||
| Total Assets | 4,000,000 | 3,000,000 | ||
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Cost Reduction Systems Target Costing And Kaizen Costing
Authors: Yasuhiro Monden
1st Edition
1563270684, 978-1563270680
