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Please create a vertical and horizontal analysis of the following balance sheet. 2009 2010 Assets Current Asset Cash 3278 1844 Accounts Receivable 6954 11807 Inventory
Please create a vertical and horizontal analysis of the following balance sheet.
| 2009 | 2010 | |
| Assets | ||
| Current Asset | ||
| Cash | 3278 | 1844 |
| Accounts Receivable | 6954 | 11807 |
| Inventory | 17417 | 9628 |
| Fixed Asset | ||
| Plant & Equipment | 144500 | 158700 |
| Total Assets | 172149 | 181979 |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payables | 9250 | 13446 |
| Wages Payable | 1110 | 650 |
| Property & Tax Payables | 3650 | 4124 |
| Non-Current Liabilities | ||
| Long-Term Debt | 75800 | 92800 |
| Owners' Equity | 82339 | 70959 |
| Total Liabilities | 172149 | 181979 |
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Financial And Managerial Accounting The Basis For Business Decisions
Authors: Jan Williams, Sue Haka, Mark S Bettner
13th Edition
0072942827, 978-0072942828
