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E14-3_CONARD CORPORATION_horizontal analysis and vertical analysis

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Question;E14-3 The comparative condensed balance sheets of Conard Corporation are presented below.CONARD CORPORATIONComparative Condensed Balance SheetsDecember 312012 2011AssetsCurrent assets $ 74,000 $ 80,000Property, plant, and equipment (net) 99,000 90,000Intangibles 27,000 40,000Total assets $200,000 $210,000Liabilities and stockholders? equityCurrent liabilities $ 42,000 $ 48,000Long-term liabilities 143,000 150,000Stockholders? equity 15,000 12,000Total liabilities and stockholders? equity $200,000 $210,000Instructions(a) Prepare a horizontal analysis of the balance sheet data for Conard Corporation using 2011as a base.(b) Prepare a vertical analysis of the balance sheet data for Conard Corporation in columnarform for 2012.E

 

Paper#37375 | Written in 18-Jul-2015

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