- Exercise 12 4a Part 1 Required 1 Prepare A Vertical Analysis Of The Balance Sheet Data For 2022 And 2021 Express Each 1 (40.58 KiB) Viewed 43 times
- Exercise 12 4a Part 1 Required 1 Prepare A Vertical Analysis Of The Balance Sheet Data For 2022 And 2021 Express Each 2 (19.32 KiB) Viewed 43 times
Exercise 12-4A Part 1 Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021. Express each amount as a percentage of total assets. (Amounts to be deducted should be Indicated by a minus sign. Round your answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Shoot December 31 2021 Amount Amount Assets Cash $ 2,310,000 Accounts receivable 1,305,000 Inventory 4,005,000 Buildings 8,580,000 Less: Accumulated depreciation (1,200,000) Total assets $ 15,000,000 Liabilities and Stockholders' Equity 2022 $ 840,000 1,044,000 2,136,000 8,580,000 (600,000) $ 12,000,000 "%
Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $1,725,000 1,230,000 4,920,000 7,125,000 $15,000,000 $ 1,380,000 4,920,000 5,700,000 $ 12,000,000