Question
You receive the following partial balance sheet for 2013 and 2012 for a company that you are considering making an investment in. Perform a vertical
You receive the following partial balance sheet for 2013 and 2012 for a company that you are considering making an investment in. Perform a vertical analysis for each year on these accounts.(Provide answers to two decimal places i.e. 12.34)
Balance Sheet, Sample CompanyVerticalVerticalCategory 2018Analysis 2018 2019 Analysis 2019 Current assets $7,549,242 Blank 1% $8,245,325 Blank 2% Total fixed assets 8,361,521 Blank 3% 9,186,576 Blank 4% Total assets 15,910,763 Blank 5% 17,431,901 Blank 6%Current liabilities $3,636,883 Blank 7% $4,041,049 Blank 8% Long term debt 4,018,815 Blank 9% 5,077,606 Blank 10% Owner's equity 8,255,065 Blank 11% 8,313,246 Blank 12%Total liabilities &owner's equity $15,910,763 Blank 13% $17,431,901 Blank 14%
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