Uop Acc 561 Week 3 Assignment Wileyplus
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Brief Exercise 13-4
Using these data from the comparative balance sheet of Rosalez Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.)
| | | | | | |Increase or (Decrease) |
| | |Dec. 31, 2012 | |Dec. 31, 2011 | |Amount | |Percentage |
|Accounts receivable | |$ 488,200 | |$ 360,000 | | | | | |
|Inventory | |$ 818,100 | |$ 601,200 | | | | | |
|Total assets | |$3,173,600 | |$2,774,300 | | | | | |
Brief Exercise 13-5
Using these data from the comparative balance sheet of Rosalez Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.)
| | |Dec. 31, 2012 | |Dec. 31, 2011 |
| | |Amount | |Percentage | |Amount | |Percentage |
|Accounts receivable | |$ 544,700 | |[pic][pic] | | |
|Sales | |100 |% | |100 |% | |100 |% |
|Cost of goods sold | |61.2 | | |64.6 | | |65.7 | |
|Expenses | |24.8 | | |26.3 | | |28.0 | |
Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.
Did Vallejo’s net...