ACC 561 Week 3 Assignment WileyPLUS - Latest
IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download
http://www.hwspeed.com/ACC-561-Week-3-Assignment-WileyPLUS-Latest-59495444.htm?categoryId=-1
If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com
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
$ 393,300
Inventory $ 804,600
$ 609,700
Total assets $3,137,000
$2,763,400
Brief Exercise 13-8 (Essay)
Vertical Analysis 2012 2011 2010
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 income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.
Brief Exercise 13-9 (Essay)
Horizontal analysis (trend analysis) percentages for Spartan Company’s sales, cost of goods sold, and expenses are listed here.
Horizontal Analysis 2012 2011 2010
Sales 96.2 % 104.8 % 100.0 %
Cost of goods sold 101.0 98.0 100.0...