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Horizontal Analysis PDF

ABC Corporation's comparative statement of final position for 201B and 201A shows an increase in total assets of 14% due to increases in cash and cash equivalents (17%), receivables (13%), inventories (25%), and noncurrent assets (18%), despite a 19% decrease in prepaid expenses. Total liabilities increased due to rises in long-term liabilities (27%) and common stock (51%), while current liabilities fell by 15%. Retained earnings increased by 20% and total equity by 14%.

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Khris Espinili Algara
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108 views1 page

Horizontal Analysis PDF

ABC Corporation's comparative statement of final position for 201B and 201A shows an increase in total assets of 14% due to increases in cash and cash equivalents (17%), receivables (13%), inventories (25%), and noncurrent assets (18%), despite a 19% decrease in prepaid expenses. Total liabilities increased due to rises in long-term liabilities (27%) and common stock (51%), while current liabilities fell by 15%. Retained earnings increased by 20% and total equity by 14%.

Uploaded by

Khris Espinili Algara
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Practice Exercise

ABC Corporation
Comparative Statement of Final Position
For the Year Ended 201B and 201A (in peso)
Horizontal Analysis

201B 201A Peso Change % Change


Cash and Cash Equivalents 2,450 2,094 356 17%
Receivables 1,813 1,611 202 13%
Inventories 1,324 1,060 264 25%
Prepaid Expenses 1,709 2,120 - 411 -19%
Total Current Assets 7,296 6.885 411 6%
Noncurrent Assets 18,500 15,737 2763 18%
Total Assets 25,796 22,622 3174 14%

Current Liabilities 7,230 8,467 -1237 -15%


Long-Term Liabilities 4,798 3,792 1006 27%
Common Stock 6,568 4,363 2205 51%
Retained Earnings 7,200 6,000 1200 20%
Total Liabilities and Equity 25,796 22,622 3174 14%

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