Question

Balance Sheet 2019 2018 2017 Assets      Cash $13,000 $19,000 $18,000      A/R     3,000    ...

Balance Sheet

2019

2018

2017

Assets

     Cash

$13,000

$19,000

$18,000

     A/R

    3,000

    1,000

         0

     Inventory

18,000

12,000

    8,000

     Net building/land/equipment

70,000

70,000

70,000

Total

104,000

102,000

96,000

Liabilities

     A/P

$9,000

$7,000

$5,000

     Notes Payable

    4,000

    4,000

         0

Total

13,000

   11,000

   5,000

Capital

91,000

   91,000

91,000



  1. Analyze the balance sheet below?

  1. Comparative Trend Analysis

2018 to 2019

2017 to 2018

Assets

Percent Change

Percent Change

     Cash

5.56%

     A/R

     Inventory

     Net building/land/equipment

Total

Liabilities

     A/P

     Notes Payable

Total

Capital

Homework Answers

Answer #1
Particulars

2018 to 2019

Percent Change

2017-2018

Percent Change

Cash 13000-19000/19000= -31.58% 19000-18000/18000= 5.56%
A/R 3000-1000/1000 = 200% 1000-0/1000 = 100%
Inventory 18000-12000/12000=50% 12000-8000/8000= 50%
Net building/land/equipment 70000-70000/70000= 0% 70000-70000/70000= 0%
Total 104000-102000/102000= 1.96% 102000-96000/96000= 6.25%
Liabilities:
A/P 9000-7000/7000= 28.58% 7000-5000/5000 = 40%
Notes Payable 4000-4000/4000= 0% 4000-0/4000=100%
Total 13000-11000/11000= 18.18% 11000-5000/5000= 120%
Capital 91000-91000/91000=0% 91000-91000/91000= 0%
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