Horizontial and Vertical Analysis, Financial Accounting

#qUsing these data from the comparative balance sheet of Junior Company, perform horizontal analysis.
JUNIOR COMPANY

December 31, 2012 December 31, 2011
Accounts receivable $ 460,000 $ 400,000
Inventory 780,000 650,000
Total assets 3,164,000 2,800,000

4. Using the data presented above for Junior Company, perform vertical
analysis.
uestion..

Related Discussions:- Horizontial and Vertical Analysis

Prepare the journal entry at december 31, On December 31, 2004, Internation...

On December 31, 2004, International Refining Company purchased machinery having a cash selling price of $85,933.75. The company paid $10,000 down and agreed to finance the remainde

Explain about mutual fund, Q. Explain about Mutual Fund? Mutual Fund - ...

Q. Explain about Mutual Fund? Mutual Fund - Investment Companythat usually offers its shares to general public and invests the proceeds in a diversified portfolio of SECURITIES

State the benefits of accounting information, State the Benefits of account...

State the Benefits of accounting information Benefits of accounting information ultimately decline. Cost of providing information, though, will rise with every additional piec

Financial statements, are the notes to the financial statements part of the...

are the notes to the financial statements part of the financial reporting

Explain the term- recording business transactions, Recording Business Trans...

Recording Business Transactions ACCOUNT. An account is an individual record or form to record and précis information for each liability, asset, or owner's equity transactio

Form-express trusts-trust laws and accounts, Form No special form is no...

Form No special form is normally required for the creation of a trust except that a declaration of trust respecting land or any interest therein must be manifested and proved b

Types of interest given under a will-executorship laws, Types of interest g...

Types of interest given under a will The interest given in a legacy, devise or gift of residue may be of the following kinds:- 1. Vested: A vested interest gives an immedi

Trust accounts-breach of law-trusts accounts, TRUST ACCOUNTS (a) Obje...

TRUST ACCOUNTS (a) Object of trust accounts : To demonstrate that the trust funds have been applied in accordance with the trust instrument; To give details of tra

Shareholders risk perception of the company''s activities, The existing com...

The existing company WACC replicates the company's current gearing level and its existing Ke and Kd and the Ke in turn reflects the shareholders' risk perception of the company's e

Advise the directors of the entity, An entity had the following transaction...

An entity had the following transactions during the year ended 31 December 2010: The entity invested in a convertible bond on its issue date. The bond matures four years aft

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages