Question
Question 1 the following table shows Q Company's Net Sales for a four year period. 2017 2016 2015 2014 $156,000 $138,000 $120,000 $100,000 AAAA Applying
Question 1
the following table shows Q Company's Net Sales for a four year period.
2017 2016 2015 2014 $156,000 $138,000 $120,000 $100,000 AAAA
Applying horizontal analysis as illustrated in Illustration 9-8 of page 361 of your book, what is the value of AAAA if 2014 is the base year?
Enter you answer as a whole percentage.Do not enter the % sign.For example, enter 138.8% as 139
Question 2
the following table shows Q Company's Net Sales for a four year period.
2017 2016 2015 2014 $156,000 $138,000 $120,000 $100,000 AAAA
Applying horizontal analysis as illustrated in Illustration 9-8 of page 361 of your book, what is the value of AAAA if 2015 is the base year?
Enter you answer as a whole percentage.Do not enter the % sign.For example, enter 138.8% as 139
Question 3
The following statements are for R Company:
R Company
Income Statement
Net Sales $400,000 Percent
Cost of Goods Sold 240,000
Gross Profit 160,000
Operating Expenses 100,000 AAAA
Net Income 60,000 BBBB
R Company
Balance Sheet
Cash $30,000 CCCC
Land 270,000
Total Assets $ 300,000
Total Liabilities $120,000 DDDD
Total Equity $180,000
Applying vertical analysis as shown on pages 363 and 364 of your book, what is the value of AAAA?
Enter your answer a a whole per cent without any % sign.For example, enter 124.7% as 125
Question 4
The following statements are for R Company:
R Company
Income Statement
Net Sales $400,000 Percent
Cost of Goods Sold 240,000
Gross Profit 160,000
Operating Expenses 100,000 AAAA
Net Income 60,000 BBBB
R Company
Balance Sheet
Cash $30,000 CCCC
Land 270,000
Total Assets $ 300,000
Total Liabilities $120,000 DDDD
Total Equity $180,000
Applying vertical analysis as shown on pages 363 and 364 of your book, what is the value of BBBB?
Enter your answer a a whole per cent without any % sign.For example, enter 124.7% as 125
Question 5
The following statements are for R Company:
R Company
Income Statement
Net Sales $400,000 Percent
Cost of Goods Sold 240,000
Gross Profit 160,000
Operating Expenses 100,000 AAAA
Net Income 60,000 BBBB
R Company
Balance Sheet
Cash $30,000 CCCC
Land 270,000
Total Assets $ 300,000
Total Liabilities $120,000 DDDD
Total Equity $180,000
Applying vertical analysis as shown on pages 363 and 364 of your book, what is the value of CCCC?
Enter your answer a a whole per cent without any % sign.For example, enter 124.7% as 125
Question 6
The following statements are for R Company:
R Company
Income Statement
Net Sales $400,000 Percent
Cost of Goods Sold 240,000
Gross Profit 160,000
Operating Expenses 100,000 AAAA
Net Income 60,000 BBBB
R Company
Balance Sheet
Cash $30,000 CCCC
Land 270,000
Total Assets $ 300,000
Total Liabilities $120,000 DDDD
Total Equity $180,000
Applying vertical analysis as shown on pages 363 and 364 of your book, what is the value of DDDD?
Enter your answer a a whole per cent without any % sign.For example, enter 124.7% as 125
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Payroll Accounting 2019
Authors: Jeanette Landin, Paulette Schirmer
5th edition
125991707X, 978-1259917073
