Calculate the difference and percent of difference

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Reference no: EM131856247 , Length: word count:250

Financial Analysis Questions - Horizontal and Vertical Analysis

Please note that there are two questions.

Horizontal Analysis for Balance Sheet Problem 1 -

DEF Corporation Balance Sheet 31-Dec-15

 

2014

2013

Difference

% of Difference

Assets:

 

 

 

 

Current Assets:

 

 

 

 

Cash and cash equivalents

300,250

248,123

 

 

Accounts receivable

110,000

105,000

 

 

Short-term investments

65,000

59,000

 

 

Inventories

54,000

56,000

 

 

Other current assets

10,000

23,000

 

 

Total current assets

539,250

491,123

 

 

Property, plant & Equipment

350,000

325,000

 

 

Less: Accumulated Depreciation

10,250

12,000

 

 

Net Property, plant & Equipment

339,750

313,000

 

 

Long-term Investments

228,124

447,654

 

 

Total Assets

928,124

1,097,654

 

 

Exercise - In excel enter the information from this slide and calculate the difference and % of difference.

Vertical Analysis Assessment Problem 2 -

DEF Corporation Income Statement 31-Dec-15

 

2014

Percent

2013

Percent

Difference

Revenue

 

 

 

 

 

Sales revenue

75,000

 

72,500

 

 

Less: Sales Return/Allowance

10,000

 

8,500

 

 

Net Sales

65,000

 

64,000

 

 

Cost of goods sold

 

 

 

 

 

Purchases

3,300

 

2,155

 

 

Delivery charges

500

 

480

 

 

Cost of goods sold

3,800

 

2,635

 

 

Gross sales Profit (Loss)

61,200

 

61,365

 

 

Expenses

 

 

 

 

 

Rent

4500

 

4325

 

 

Utilities

800

 

425

 

 

Wages

4000

 

3750

 

 

Fuel

600

 

525

 

 

Total expenses

9600

 

9025

 

 

Net Operating Income

$1,600

 

$2,340

 

 

Exercise - In excel take the percent of each line item to sales (100%) and then the difference from the 2014 to 2013.

Word/Page Count: 250.

Formatting & Referencing: APA.

Attachment:- Assignment.rar

Reference no: EM131856247

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