Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 2 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 10 Jun 2017 My Price 8.00

EXERCISE 15–10 Trend Percentages [LO1]

EXERCISE 15–10 Trend Percentages [LO1]

Starkey Company’s sales, current assets, and current liabilities (all in thousands of dollars) have been reported as follows over the last five years (Year 5 is the most recent year):

 

 

Year 5

 

Year 4

 

Year 3

 

Year 2

 

Year 1

Sales  . . . . . . . . . . . . . . . . . .

$5,625

 

$5,400

 

$4,950

 

$4,725

 

$4,500

Current assets:

Cash . . . . . . . . . . . . . . . . .

 

$     64

 

 

$     72

 

 

$     84

 

 

$     88

 

 

$     80

Accounts receivable  . . . . .

560

 

496

 

432

 

416

 

400

Inventory . . . . . . . . . . . . . .

896

 

880

 

816

 

864

 

800

Total current assets  . . . . . . .

$1,520

 

$1,448

 

$1,332

 

$1,368

 

$1,280

Current liabilities  . . . . . . . . .

$  390

 

$  318

 

$  324

 

$  330

 

$  300

Required:

1.       Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use Year 1 as the base year, and carry computations to one decimal place.

2.       Comment on the results of your analysis.

Answers

Alpha Geek
(8)
Status NEW Posted 10 Jun 2017 05:06 PM My Price 8.00

-----------

Attachments

file 1497115230-1389822_1_636324800578302387_Trend-analysis.xlsx preview (297 words )
13-----------898-----------22&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------511-----------060-----------&am-----------p;a-----------mp;-----------EXE-----------RCI-----------SE -----------15â-----------€“1-----------0 T-----------ren-----------d P-----------erc-----------ent-----------age-----------s -----------[LO-----------1]S-----------tar-----------key----------- Co-----------mpa-----------nyâ-----------€™s----------- sa-----------les-----------, c-----------urr-----------ent----------- as-----------set-----------s, -----------and----------- cu-----------rre-----------nt -----------lia-----------bil-----------iti-----------es -----------(al-----------l i-----------n t-----------hou-----------san-----------ds -----------of -----------dol-----------lar-----------s) -----------hav-----------e b-----------een----------- re-----------por-----------ted----------- as----------- fo-----------llo-----------ws -----------ove-----------r t-----------he -----------las-----------t f-----------ive----------- ye-----------ars----------- (Y-----------ear----------- 5 -----------is -----------the----------- mo-----------st -----------rec-----------ent----------- ye-----------ar)-----------:Ye-----------ar -----------5Ye-----------ar -----------4Ye-----------ar -----------3Ye-----------ar -----------2Ye-----------ar -----------1$ -----------000-----------Sal-----------esÂ-----------  .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------.Cu-----------rre-----------nt -----------ass-----------ets-----------:Ca-----------sh -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- . -----------. .----------- Â----------- Â -----------  -----------64Â----------- Â ----------- Â-----------  7-----------2 -----------  -----------84Â----------- Â ----------- 
Not Rated(0)