Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Prepare a horizontal analysis and a vertical analysis of the balance sheet below? please help BALANCE SHEETS fin mitions) 2018 2017 June 30, Assets Current

Prepare a horizontal analysis and a vertical analysis of the balance sheet below?

image text in transcribed

image text in transcribed

please help

BALANCE SHEETS fin mitions) 2018 2017 June 30, Assets Current assets $ 11,946 7,663 125,318 S Cash and cash equivalents. Short-term investments 121.822 133,768 26,481 2,662 6,751 132,981 22,431 2,181 5,103 Total cash, cash equivalents, and short-term investments Accounts receivable, net of allowance for doubtful accounts of $377 and $345 Inventories Other 162,696 169,662 29,460 6,686 1,862 Total current assets Property and equipment, net of accumulated depreciation of $29,223 and $24,179 Operating lease right-of-use assets Equity and other investments 23,734 6,555 6,023 35,122 10,106 6,076 35,683 Intangible assets, net Other long-term assets 8,053 7,442 Total assets S 250.312 $ 258,848 Liabilities and stockholders' equity Current liabilities Accounts payable Short-term debt Current portion of long-term debt Accrued compensation Short-term income taxes Short-term unearned revenue 8,617 S 7,390 9,072 1,049 5,819 718 3,998 6,103 2,121 28.905 Other 24.013 Operating lesse right-of-u 5588 Equity and other investments Goodwil intang ble assets, net Other long-term sssets 35.683 8,053 7.442 10,106 6,076 S 250.312 $ 258,848 Total assets Liabilities and stockholders' equity Current liabiities Accounts payable Short-term debt Current portion of long-term debt Accrued compensation Short-serm income taxes Short-term unearned revenue 7.390 8,617 0 3,998 6,103 2,121 9.072 1,049 5.819 718 24.013 28.905 8,744 7,884 Other 58,488 72,242 30.265 3,815 55,745 76,073 13.485 2.643 5.734 5,372 3,549 Total current liabilities Long-lerm debt Long-term income taxes Long-term unearned revenue Deferred income taxes Operating lease liabilities: Other long-term liabilities: 541 5,568 5.211 Total liabilities 176,130 162,601 ommitments and con Stockholders' equity Common stock and paid-in captal- shares authorized 24.000, outstanding 7,677 and 7,708 Retained eamings Accumulated other comprehensive income (loss) 71,223 69,315 17,769 13,682 (2,187) 627 Total stockholders' equity 82,718 87.711 Total iabilities and stockholders' equity $ 250,312 258,848 Refer to accompanying notes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Audit And Assurance Study Text

Authors: Get Through Guides

1st Edition

1848080255, 978-1848080256

More Books

Students explore these related Accounting questions