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Please help solve #1 & correct # 2.. I did round up however, 13.6%, 21.0%, and 8.0% was incorrect as well. The following items were
Please help solve #1 & correct # 2.. I did round up however, 13.6%, 21.0%, and 8.0% was incorrect as well. The following items were taken from the financial statements of Splish Brothers Manufacturing, Inc., over a three-year period: Item 2023 2022 2021 Net Sales $239.925 $225.750 $210,000 Cost of Goods Sold 150,000 132,000 120,000 Gross Profit $92,700 $88.200 $ 90,000 Using horizontal analysis and 2021 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profits (Round answers to 0 decimal places, e.g. 111%.) Item 2023 2022 2021 Net Sales % % % ae Cost of Goods Sold % % % Gross Profit 96 % 96 e Textbook and Media Using the following selected items from the comparative balance sheet of Blue Spruce Company, illustrate horizontal and vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022 Accounts Receivable $538,237 $ 473,800 14 % 102 Inventory 353,441 292,100 21 % 100 Total Assets 2,484,000 2.300,000 8 % 100
Please help solve #1 & correct # 2.. I did round up however, 13.6%, 21.0%, and 8.0% was incorrect as well.
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