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please help me for this one thank you keep safe ! Compute for the Vertical Ratio of TVL Trading Company (round-off to 2 (two) decimal
please help me for this one thank you keep safe ! Compute for the Vertical Ratio of TVL Trading Company (round-off to 2 (two) decimal places). TVL Trading Company Statement of Comprehensive Income For the year ended, December 31, 2008 % % Net Sales Cost of Goods Sold Gross Profit Less: Operating Expense Operating Income Less: Interest Expense Net Income 2001 P5,385,860 1,374,790 4,011,070 3,406,460 604,610 11,820 P 592,790 2000 P 4,921,850 1,254,860 3,666,990 3,127,150 539,840 23,040 P 516,800 Compute for the Horizontal Ratio of TVL Trading Company (round-off to 2 (two) decimal places). TVL Trading Company Statement of Financial Position As of December 31, 2008 Peso % Cash and Cash Equivalent Accounts Receivable Inventory Prepaid Expenses Total Current Assets Property, Plant, Equipment Intangible assets Total Assets 2008 P 470,310 660.110 653,060 173,740 1.957 220 2007 P 519,860 565,170 555.480 228.810 1,869,320 5,910,530 745.200 P 8,612,950 5.501,660 721,910 P 8,092,890 Current Liabilities Long-term Liabilities Total Liabilities P1,273,050 577,580 P1.850.630 P 1.123.700 541,540 P 1.665.240 BC, Capital Total Liabilities and Owner's Equity 6,762,320 P 8,612,950 6,427 650 P 8,092,890
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