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Put in excel and show formulas and responses The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients:
Put in excel and show formulas and responses
The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients: Techno-World 2013 2014 2015 2016 Cash $2,000 $2,400 $2,800 $3,000 Accounts receivable 400 500 600 900 Inventory 600 700 800 1,000 PP&E (net) 1,500 1,700 1,800 1,950 Notes receivable 500 500 500 500 Total Assets $5,000 $5,800 $6,500 $7.350 Accounts Payable 700 975 1.025 1.275 Other Current Liabilities 250 450 550 625 Notes Payable 1.200 1400 1.550 1.800 Total Liabilities $2.150 $2.825 $3.125 $3.700 Stock Outstanding $1,100 $1,100 $1,100 $1,100 Retained Earnings 1.750 1.875 2275 2.550 Total Shareholders' Equity $2.850 82.925 $3.375 $3.650 Total Liabilities and Shareholders' Equity $5,000 $5,800 $6,500 $7.350 Perform a horizontal analysis of this balance sheet and identify at least two (2) accounts that may be questionable Take into account technology industry trends when performing the analysis Step by Step Solution
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