Horizontal Analysis
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Q: Horizontal Analysis The comparative temporary investments and inventory balances of a company…
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Q: Horizontal Analysis The comparative accounts payable and long-term debt balances for a company…
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Q: Horizontal Analysis The comparative temporary investments and inventory balances of a company…
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Horizontal Analysis
The comparative temporary investments and inventory balances of a company follow.
| Current Year | Previous Year | |
| Accounts payable | $55,200 | $46,000 |
| Long-term debt | 46,716 | 68,700 |
Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis?
| Amount of Change | Increase/Decrease | Percentage | |
| Accounts payable | $fill in the blank 1 | fill in the blank 3% | |
| Long-term debt | $fill in the blank 4 | fill in the blank 6% |
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- Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for 20X3 it as follows (amounts in millions): Required: Next Level Compute the following for 20X3. Provide a brief description of what each ratio reveals about McCormick 1. return on common equity 2. debt-to-assets 3. debt-toequity 4. current 5. quick (McCormick uses cash and equivalents, short-term securities and receivables in their quick ratio calculation.) 6. inventory turnover days 7. accounts receivable turnover days 8. accounts payable turnover days 9. operating cycle (in days) 10. total asset turnover Use the following information for 14-17 and 14-18: The Hershey Company is one of the worlds leading producers of chocolates, candies, and confections. It sells chocolates and candies, mints and gums, baking ingredients, toppings, and beverages. Hersheys consolidated balance sheets for 20X2 and 20X3 follow.Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $51,212 $43,400 Long-term debt 57,597 78,900 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $fill in the blank fill in the blank fill in the blank Long-term debt $fill in the blank fill in the blank fill in the blankHorizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $59,409 $48,300 Long-term debt 44,795 52,700 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %
- Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Accounts payable Long-term debt $46,000 46,720 Accounts payable Long-term debt $36,800 64,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Percentage $ Previous Year $ Increase/Decrease % 1%The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $102,144 $79,800 Long-term debt 48,692 51,800 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $fill in the blank 1 fill in the blank 3% Long-term debt $fill in the blank 4 fill in the blank 6%Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $83,375 $72,500 Long-term debt 23,936 35,200 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable 2$ Increase % Long-term debt 2$ Decrease %
- Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $79,360 $62,000 Long-term debt 28,046 37,900 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/tcrease Percentage Accounts payable Long-term debt % %The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $78,132 $76,600 Long-term debt 41,085 49,500 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable $ % Long-term debt $ %The comparative temporary investments and inventory balances of a company follow. Current Year Previous YearTemporary investments $44,000 $40,000Inventory 57,000 60,000Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis?
- Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Temporary investments $44,000 $40,000 Inventory 57,000 60,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Change in Amount Increase/Decrease Percentage Temporary investments $ % Inventory $ %Requirement 1. Compute these ratios: Working Capital Current Debt-to- Ratio Cash Ratio Debt Ratio Equity Ratio Round ratios to two 14.44 212400 7.73 decimal places or format as percentages or Accounts Days Sales currency as appropriate. Inventory Days Sales in Gross ProfitReceivable in Turnover Inventory Percentage Turnover Receivables 2019 Total Assets = Rate of Rate of Asset Return on Return on Turnover Stockholders' Earnings Total Assets Ratio Equity Per Share 2019 SHE = Price/ Earnings *Current Stock Price is Dividend $10.00 per share Ratio* Dividend Yield Payout Dividend per share= Requirement 2. Based on the ratios computed above, analyze the company's ability to pay its debts (both current and long term). Refer to at least 3 specific ratios in your analysis. Requirement 3: Based on the ratios computed above, analyze the company's management of inventory. Refer to at least 2 specific ratios in your analysis. Requirement 4: Based on the ratios computed above, analyze the company's…Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Temporary investments $36,000 $30,000 Inventory 72,000 75,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Change in Amount Increase/Decrease Percentage Temporary investments % Merchandise inventory %
