Question
The balance sheet information for two companies is in the popup window: LOADING... . Complete the common-size balance sheet for these companies. Review each company's
The balance sheet information for two companies is in the popup window:
LOADING...
.
Complete the common-size balance sheet for these companies. Review each company's percentages of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these twocompanies?
Balance | Total | Balance | Total |
| Balance | Total | Balance | Total | |||||
ASSETS | Co. 1 | Assets | Co. 2 | Assets | LIABILITIES | Co. 1 | Assets | Co. 2 | Assets | ||||
Current assets |
|
|
|
|
| Current liabilities |
|
|
|
| |||
Cash | $5,397 | % | $296 |
| % | Accounts payable | $12,321 | % | $662 | % | |||
Investments | $4,194 | % | $347 |
| % | Short-term debt | $1,040 | % | $0 |
| % | ||
Accounts receivable | $8,136 | % | $228 |
| % | Other short-term |
|
|
|
| |||
Inventory | $5,313 |
| % | $498 |
| % | liabilities | $0 |
| % | $121 |
| % |
Total current assets | $23,040 |
| % | $1,369 |
| % | Total current liabilities | $13,361 |
| % | $783 |
| % |
Long-term investments | $90 | % | $304 |
| % | Long-term debt | $2,805 | % | $19 | % | |||
Net plant, property |
|
|
|
|
| Other liabilities | $4,922 |
| % | $48 |
| % | |
and equipment | $9,791 | % | $1,419 |
| % | Total liabilities | $21,088 |
| % | $850 |
| % | |
Goodwill | $5,311 | % | $59 |
| % | OWNERS EQUITY |
|
|
|
|
|
| |
Intangible | $6,111 | % | $25 |
| % | Common stock | $3,078 | % | $984 | % | |||
Other | $3,785 | % | $76 |
| % | Treasury stock | $-6,755 | % | $0 | % | |||
|
|
|
|
|
| Retained earnings | $30,717 |
| % | $1,418 |
| % | |
|
|
|
|
|
|
| Total owners equity | $27,040 |
| % | $2,402 |
| % |
|
|
|
|
|
|
| TOTAL LIABILITIES |
|
|
|
|
|
|
TOTAL ASSETS | $48,128 | 100.00 | % | $3,252 | 100.00 | % | AND OWNERS EQUITY | $48,128 | 100.00 | % | $3,252 | 100.00 | % |
Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents
into a
spreadsheet.
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