Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 16 Aug 2017 My Price 9.00

Vision, Inc.

Vertical Analysis

Se5. aCCounting ConneCtion ▶ Vision, Inc.’s comparative balance sheets follow. Prepare common-size statements and comment on the changes from 2013 to 2014. (Round to one decimal place.)

 

 

Vision, Inc.

Comparative Balance Sheets December 31, 2014 and 2013

 

 

Assets

Current assets

2014

 

$  48,000

 

2013

 

$  40,000

Property, plant, and equipment (net)

260,000

 

200,000

Total assets

$308,000

 

$240,000

Liabilities and Stockholders’ equity

Current liabilities

$  36,000

 

$  44,000

Long-term liabilities

180,000

 

120,000

Stockholders’ equity

92,000

 

76,000

Total liabilities and stockholders’ equity

$308,000

 

$240,000

Answers

Maurice Tutor
(5)
Status NEW Posted 16 Aug 2017 11:08 PM My Price 9.00

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