You receive the following partial balance sheet (Table 4-5) for 2013 and 2012 for a company that

Question:

You receive the following partial (Table 4-5) for 2013 and 2012 for a company that you are considering making an investing in. Perform a vertical analysis for each year on these accounts. Compare the two years, and in a sentence describe those changes that were beneficial or detrimental to this company. Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...