Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 27 Sep 2017 My Price 4.00

horizontal analysis

Prepare a horizontal analysis by computing the amounts and percentage changes for the following balance sheet items; place your answers in the blanks provided.

 

20x6

20x5

Amount

Percentage

Assets

        

Current assets

$ 6,500

$ 5,000

1,500

30%

Property, plant, and equipment

   22,000

   25,000

(-3000)

(-12%)

Total assets

$28,500

$30,000

(-1,500)

(-5%)
         

Liabilities and Stockholders' Equity

        

Liabilities

$ 5,500

$10,000

-4,500

(-45%)

Stockholders' equity

   23,000

   20,000

3,000

15%

Total liabilities and stockholders' equity

$28,500

$30,000

-1,500

(-5%)

 

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Sep 2017 08:09 PM My Price 4.00

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