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Using the financial statement, prepare a horizontal analysis, vertical analysis, calculate the return on equity using the DuPont model and calculate the sustainable growth rate.
Using the financial statement, prepare a horizontal analysis, vertical analysis, calculate the return on equity using the DuPont model and calculate the sustainable growth rate.
ASSETS: | 2020 | 2019 |
Current Assets | ||
Cash & Equivalents | 283,134.00 | 63,624.00 |
Marketable Securities | 572,060.00 | 112,777.00 |
Accounts Receivable - Net | 120,435.00 | 63,613.00 |
Deferred acquisition costs | 44,885.00 | 26,453.00 |
Prepaids | 75,008.00 | 10,252.00 |
Total Current Assets | 1,095,522.00 | 276,719.00 |
Deferred contract costs (noncurrent) | 46,245.00 | 29,063.00 |
PPE | 57,138.00 | 37,275.00 |
Operating Lease rights | 68,608.00 | - |
Other noncurrent assets | 22,332.00 | 11,508.00 |
Total Assets | 1,289,845.00 | 354,565.00 |
Current Liabilities: | ||
AP | 1,596.00 | 4,963.00 |
Accrued Expenses | 122,692.00 | 32,256.00 |
Deferred Revenue | 209,542.00 | 115,122.00 |
Total Current Liabilities | 333,830.00 | 152,341.00 |
Deferred Revenue (noncurrent) | 20,994.00 | 10,651.00 |
Operating Lease Liabilities (noncurrent) | 64,792.00 | - |
Other noncurrent Liabilities | 36,286.00 | 39,460.00 |
Total Liabilities | 455,902.00 | 202,452.00 |
Common Stock | 277.00 | 89.00 |
Additional Paid in Capital | 832,705.00 | 162,312.00 |
Accumulated OCI | 809.00 | (135.00) |
Retained Earnings | 152.00 | (10,153.00) |
Total Stockholders' Equity | 833,943.00 | 152,113.00 |
Total Liabilities + Equity | 1,289,845.00 | 354,565.00 |
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