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Urgent hi guys you always help me thanku so much Take me to the text Perform a horizontal analysis for Mazzic Inc. Use 2017 as
Urgent hi guys you always help me thanku so much
Take me to the text Perform a horizontal analysis for Mazzic Inc. Use 2017 as the base year. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Mazzic Inc. In Millions of Dollars W 2019 2018 2017 Revenue $404 $329 $251 Revenue % of 2017 % % 196 Net Income $260 5182 $180 Net Income 96 of 2017 % 12 Take me to the text ked out of The following financial statements are taken from the records of Organo Inc. a) Use horizontal analysis techniques to compare the changes between 2019 and 2018 balance sheet items. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all answers to 2 decimal places. Organo Inc. Balance Sheet As at January 31 2019 2018 % Change Current Assets Cash $312,600 $318,500 % Accounts Receivable $126,000 $165,800 oo Merchandise Inventory $432,600 $405,100 Short-Term Investments $73,500 $93,000 lo Total Current Assets $944,700 $982,400 Other Assets $159,500 $277,300 Organo Inc. Balance Sheet As at January 31 2019 2018 % Change Current Assets Cash $312,600 $318,500 % Accounts Receivable $126,000 $165,800 % Merchandise Inventory $432,600 $405,100 % Short-Term Investments $73,500 $93,000 % Total Current Assets $944,700 $982,400 % Other Assets $159,500 $277,300 96 Total Assets $1,104,200 $1,259,700 % Current Liabilities $296.400 $257,700) 96 Long-Term Debt $129.600 $98.900 Total Liabilities $426,000 $356,600 AOOUITS TIVUDIL PIZVVVVI TVJ,UVU Merchandise Inventory $432,600 $405,100 % Short-Term Investments $73,500 $93,000 % Total Current Assets $944,700 $982,400 % Other Assets $159,500 $277,300 % Total Assets $1,104,200 $1,259,700 % Current Liabilities $296,400 $257,700 96 Long-Term Debt $129,600 $98,900 % Total Liabilities $426,000 $356,600 % Shareholders' Equity $678.200! 5903,100 Total Liabilities and Equity $1,104,200 $1,259,700 96 b) Perform a vertical analysis of the income statement for 2019, stating all income statement items as a percentage of net sales. Organo Inc. Income Statement For the Year Ended January 31 2019 Sales $708,000 % Cost of Goods Sold $247,800 % Gross Profit $460,200 % Operating Expenses Advertising Expense $7,700 Bank Charges Expense $6,300 % Communication Expense $5,900 % Depreciation Expense $4,200 Professional Fees Expense $6,400 Rent Expense $8,000 % Repairs and Maintenance Expense $5.2001 Communication Expense $5,900 % Depreciation Expense $4,200 % Professional Fees Expense $6,400 % Rent Expense $8,000 % Repairs and Maintenance Expense $5, 200 % Salaries and Wages Expense $47,000 9 Transportation Expense $6,100 Po Utilities Expense $7,700 % Total Operating Expenses $ 104,500 Net Income $355,700 Check
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