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Year 0007 Year 0008 $11,300 4,500 11,100 7,500 4,200 $38,600 $15,400 6,300 18,900 8,400 4 100 $53,100 Assets Current Assets Cash Credit card receivables Accounts
Year 0007 Year 0008 $11,300 4,500 11,100 7,500 4,200 $38,600 $15,400 6,300 18,900 8,400 4 100 $53,100 Assets Current Assets Cash Credit card receivables Accounts receivable Vending inventories Prepaid expenses Total Current Assets Property Plant & Equipment Land Building Furnishing Equipment Accumulated depreciation Glassware, linen inventories Net Property and Equipment Total Assets Liabilities & Stockholders' Equity Current Liabilities Accounts payable Accrued expenses payable Taxes payable Current portion, mortgage payable Total Current Liabilities Long-Term Liabilities Mortgage payable Total Liabilities Stockholders' Equity Capital stock s Retained earnings 2 Total Stockholders' Equity Total Liabilities & Stockholders' Equity $81,200 758,100 83,712 90,688 -315,500 12.200 $710,400 $749,000 $81,200 795,300 93,412 90,688 -335,800 15,300 $740.100 $793,200 $9,200 4,150 12,150 13.500 $39,000 $12,200 4,900 15,500 11.200 $43,800 $423.800 $462.800 $412 300 $456,100 $125,200 161.000 $286,200 $749,000 $145,200 191.000 $337100 $793,200 40 Present in the proper form a comparative horizontal analysis of the corporate balance sheet shown below. * Comment on any items of difference that you consider significant 45 4 as Complete a common-size vertical balance sheet analysis in proper form 26 for Year 0007 and Year 0008. Comment on any changes you consider significant 1
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