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What's calculation to find the percentage of both years? Vertical Analysis of Balance Sheet Balance sheet data for a company for the years ended December
What's calculation to find the percentage of both years?
Vertical Analysis of Balance Sheet Balance sheet data for a company for the years ended December 31, 2012 and 2041, are shown below. 2012 2011 Current assets $ 752,000 $ 602,000 Property, plant, and equipment 6,248,000 5,397,000 Intangible assets 1,000,000 1,001,000 Current abilities 504,000 427,000 Long-term liabilties 1,504,000 1.197,000 Common stock 1,248,000 1,253,000 Retained samnings 4,744,000 4,123,000 Prepare a comparative balance sheet for 2012 and 2041, stating each assut as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity, Round your answers to one decimal place. Comparative Balance Sheet December 31, 2012 and 2011 2012 Amount 2012 Percent 2011 Amount 20Y1 Percent Assets Current aus Property, plant, and equipment Intangible sets Total assets $72,000 6,248.000 1,000,000 10,000,000 1602,000 5,397,000 1.001.000 $7,000,000 Liabiti Comparative Balance Sheet December 31, 20Y2 and 20Y1 2012 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent Assets Current assets % % Property, plant, and equipment Intangible assets $752,000 6,248,000 1,000,000 $8,000,000 $602,000 5,397,000 1,001,000 Total assets % $7,000,000 % Liabilities Current liabilities $504,000 % % $427,000 1,197,000 Long-term liabilities 1,504,000 Total liabilities $2,008,000 % $1,624,000 % Stockholders' equity Common stock % % 1,248,000 4,744,000 Retained earnings 1,253,000 4,123,000 Total stockholders' equity $5,992,000 % $5,376,000 % Total liabilities and stockholders' equity $8,000,000 % $7,000,000 % Step by Step Solution
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