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Vertical Analysis help please... CASH FLOWS FROM OPERATING ACTIVITIES: 135.000.00 HORIZONTAL ANALYSIS AMOUNT PERCENT VERTICAL ANALYSIS 2018 2019 2014 2019 ASSETS CURRENT ASSETS CASH ACCOUNTS
Vertical Analysis help please...
CASH FLOWS FROM OPERATING ACTIVITIES: 135.000.00 HORIZONTAL ANALYSIS AMOUNT PERCENT VERTICAL ANALYSIS 2018 2019 2014 2019 ASSETS CURRENT ASSETS CASH ACCOUNTS RECEIVABLE INVENTORY PREPAD EXPENSES 53,000.00 35,000.00 10,000.00 4,000.00 157,000.00 17,000.00 -10 000 11,000 104,000.00 -18.000 -20,000 7.000 196%% -51% -200% 175% % Additional information for 2019 1. sccounts receivable-receipts from customers $S25,000 and sales revenue $507.000 2. inventory costs of poods sold $175.000. puchases of $155,000 3. prepaid expenses increase $7,000 4. accounts payable Increase $14,000 5. Income taxes payable decreased $3,000 G. Depreciation cxpense was comprised of building for $9.000 and equipment $4,000 7. The company sold cquipment with a book value of $11.000 costs $9.000 less accumulated depreciation $2,000 for cash of $4,000 8. Essued a long term bonds in direct exchange for land for $115,000 9. A building was purchased for cash $145.000. Equipment was also purchased tar cash $40,000 10.ksued common stock for cash af $35,000 11. The company dedared and paid a cash didend for $25,000 PROPERTY, PLANT, & EQUIPMENT LAND BUILDINGS ACCUMULATED DEPRECIATION BUILDINGS EQUIPMENT ACCUMULATED DEPRECATION-FQUIPMENT TOTAL ASSETS 25,000.00 40,000.00 (5,000.00 25,000.00 (1,000.00 1 R6,000.00 25.000 185.000 -14,000 56,000 -5,000 422.000.00 145,000 -9,000 31,000 -4,000 0% 363% 180x 1247 400% $75,000 16.000.00 13,000.00 14,000.00 -3,000 449% -19% LIABILMES & STOCKHOLDERS' EQUITY CURRENT LIABILITIES ACCOUNTS PAYABLE 32,000.00 INCOME TAXES PAYABLE 16,000.00 LONG-TERM LWBILMES BONOS PAYABLE 35,000.00 STOCKHOLDERS EQUITY COMMON STOCK S5,000.00 RETAINED EARNINGS 49,000.00 TOTAL LIABILITIES STOCKHOLDERS' EQUITY_185,000.00 & ' 150,000.00 115,000 STATEMENT OF CASH FLOW CASH FLOWS FROM OPERATING ACTIVITIES NET INCOME ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES DEPRECIATION EXPENSE LOSS ON DISPOSAL OF PLANTASSETS CHANGE IN ACCOUNTS RECEVABLE CHANGE IN INVENTORY CHANGE IN PREPAID EXPENSES CHANGE IN ACCOUNTS PAYABLE CHANGE IN INCOME TAXES PAYABLE NET CASH PROVIDE BY OPERATING ACTIVITIES 329% 90,000.00 123,000.00 422,000.00 35,000 75,000 13,000.00 5.000.00 18.000.00 20,000.00 7.000 14.000.00 -3,000 125.000.00 64% 156% CASH FLOWS FROM INVESTING ACTIVES: PURCHASE OF BUILDING PURCAHSE OF EQUIPMENT SALE OF EQUIPMENT NET CASH PROVIDE BY INVESTTING ACTIVITIES 145.000 40.000 4,000.00 -181 con CASH FLOWS FROM FINANCING ACTIVIES: ISSUANCE OF COMMON STOCK PAYMENT OF CASH ONOENDS NET CASH PROVIDE BY FINANCNG ACTIVITIES 35,000.00 -25.000 150,000.00 NET INCREASE IN CASH CASH AT BEGINNING OF PERICO CASH AT END OF POROD 104.000.00 53.000.00 157.000.00Step by Step Solution
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