Recent Posts • Latest Topics • Unanswered Questions

Prepare vertical analysis calculations by filling in the far right column of the following balance ...

Bored.

wrote...

Go to Answer

Posts: 852

Rep:

6 years ago

Prepare vertical analysis calculations by filling in the far right column of the following balance ...

Prepare vertical analysis calculations by filling in the far right column of the following balance sheet with the appropriate percentages.
   Treetops Corporation
   Balance Sheet
   December 31, 2014

   2014   Percent
Current assets
Cash   $10,000
Short-term investments   7,000
Accounts receivable, net   30,000
Inventory   37,000
Prepaid expenses   4,000
Total current assets   $ 88,000

Property, plant, and equipment, net   33,300
Other assets   37,000
Total assets   $158,300

Current liabilities
Short-term borrowings   $ 28,400
Accounts payable   20,000
Total current liabilities   $ 48,400

Non-current debt   37,500
Total liabilities   $ 85,900

Shareholders' equity
Common shares   $20,000
Retained earnings   52,400
   Total shareholders' equity   $72,400
Total liabilities and shareholders' equity   $158,300

Textbook

Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Edition: 1^st

Authors: Grauer, Jenne, Igonor

Read 85 times

1 Reply

Report

Replies

Answer verified by a subject expert

TheSin

wrote...

Posts: 380

Rep:

6 years ago

More solutions for this book are available here

This verified answer contains over 210 words.

Report

Related Topics

Bored. Author

wrote...

6 years ago

Just got PERFECT on my quiz

emilyas19

wrote...

Yesterday

Thanks

zsc999

wrote...

2 hours ago

Good timing, thanks!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

943 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

271

1307

Your Opinion

Previous poll results: Which country would you like to visit for its food?

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.