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Please provide the following: • Horizontal Analysis • Vertical Analysis

Please provide the following: • Horizontal Analysis • Vertical Analysis

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 33BEB: The income statement, statement of retained earnings, and balance sheet for Santiago Systems are as...
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Please provide the following: • Horizontal Analysis • Vertical Analysis
Prepare common size statement Gross sales Sales return Sales Discount Net sales COS Selling expense Admin expense Asset Cash AR Prepaid insurance Prepaid rent Marketable securities Merchandise inventory Furniture and fixtures [net] Land Building [net] Total assets Liabilities and Equity AP Notes Payable (due in 6 months) Total liabilities Shareholders Equity Ordinary shares Retained earnings Treasury shares Total Shareholders equity Total liabilities and Shareholders Equity B 2018 P3,050,000.00 P3,200.00 P3,000.00 P3,043,800.00 P2,790,000.00 P500,000.00 P300,000.00 2018 P350,000.00 P1,500,000.00 P30,000.00 P120,000.00 P200,000.00 P350,000.00 P400,000.00 P900,000.00 P2,500,000.00 P6,350,000.00 P900,000.00 P490,000.00 P1,390,000.00 P4,000,000.00 P1,010,000.00 (P50,000.00) P4,960,000.00 P6,350,000.00 P0.00 C D Comprehensive income 2019 P4,750,000.00 P16,000.00 P7,000.00 P4,727,000.00 P2,299,000.00 P900,000.00 P700,000.00 Statement of Financial position 2019 P627,000.00 P1,600,000.00 P15,000.00 P120,000.00 P500,000.00 P550,000.00 P350,000.00 P900,000.00 P2,250,000.00 P6,912,000.00 P1,100,000.00 P600,000.00 P1,700,000.00 P4,000,000.00 P1,212,000.00 P5,212,000.00 P6,912,000.00 P0.00 E F 2020 P8,988,000.00 P35,000.00 P20,100.00 P8,932,900.00 P5,051,000.00 P3,000,000.00 P1,500,000.00 2020 P550,000.00 P1,200,000.00 P50.000.00 P150,000.00 P1,000,000.00 P400,000.00 P300,000.00 P900,000.00 P2,000,000.00 P6,550,000.00 P600,000.00 P200,000.00 P800,000.00 25.000.000.00 P750,000.00 P5,750,000.00 P6,550,000.00 P0.00 G H 2021 P13,450,000.00 P60,000.00 P45,000.00 P13,345,000.00 P7,605,000.00 P3,090,000.00 P1,900,000.00 2021 P1,500,000.00 P2,000,000.00 P50,000.00 P150,000.00 P500,000.00 P500,000.00 P450,000.00 P900,000.00 P1,750,000.00 P7,800,000.00 P990,000.00 P600,000.00 P1,590,000.00 P5,000,000.00 P1,210,000.00 P6,210,000.00 P7,800,000.00 P0.00
Transcribed Image Text:Prepare common size statement Gross sales Sales return Sales Discount Net sales COS Selling expense Admin expense Asset Cash AR Prepaid insurance Prepaid rent Marketable securities Merchandise inventory Furniture and fixtures [net] Land Building [net] Total assets Liabilities and Equity AP Notes Payable (due in 6 months) Total liabilities Shareholders Equity Ordinary shares Retained earnings Treasury shares Total Shareholders equity Total liabilities and Shareholders Equity B 2018 P3,050,000.00 P3,200.00 P3,000.00 P3,043,800.00 P2,790,000.00 P500,000.00 P300,000.00 2018 P350,000.00 P1,500,000.00 P30,000.00 P120,000.00 P200,000.00 P350,000.00 P400,000.00 P900,000.00 P2,500,000.00 P6,350,000.00 P900,000.00 P490,000.00 P1,390,000.00 P4,000,000.00 P1,010,000.00 (P50,000.00) P4,960,000.00 P6,350,000.00 P0.00 C D Comprehensive income 2019 P4,750,000.00 P16,000.00 P7,000.00 P4,727,000.00 P2,299,000.00 P900,000.00 P700,000.00 Statement of Financial position 2019 P627,000.00 P1,600,000.00 P15,000.00 P120,000.00 P500,000.00 P550,000.00 P350,000.00 P900,000.00 P2,250,000.00 P6,912,000.00 P1,100,000.00 P600,000.00 P1,700,000.00 P4,000,000.00 P1,212,000.00 P5,212,000.00 P6,912,000.00 P0.00 E F 2020 P8,988,000.00 P35,000.00 P20,100.00 P8,932,900.00 P5,051,000.00 P3,000,000.00 P1,500,000.00 2020 P550,000.00 P1,200,000.00 P50.000.00 P150,000.00 P1,000,000.00 P400,000.00 P300,000.00 P900,000.00 P2,000,000.00 P6,550,000.00 P600,000.00 P200,000.00 P800,000.00 25.000.000.00 P750,000.00 P5,750,000.00 P6,550,000.00 P0.00 G H 2021 P13,450,000.00 P60,000.00 P45,000.00 P13,345,000.00 P7,605,000.00 P3,090,000.00 P1,900,000.00 2021 P1,500,000.00 P2,000,000.00 P50,000.00 P150,000.00 P500,000.00 P500,000.00 P450,000.00 P900,000.00 P1,750,000.00 P7,800,000.00 P990,000.00 P600,000.00 P1,590,000.00 P5,000,000.00 P1,210,000.00 P6,210,000.00 P7,800,000.00 P0.00
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