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Perform a horizontal analysis

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Perform a horizontal analysis of this balance sheet and identify any accounts that may be questionable. Take into account technology industry trends when performing the analysis;Given data;2007 2008 2009 2010;Cash $1,000 $1,200 $1,400 $1,500;Accounts receivable $250 $375 $600 $900;Inventory $600 $700 $825 $975;PP&E (net) $1,500 $1,700 $1,800 $1,950;Notes receivable $500 $500 $500 $500;Total asset $3,850 $4,475 $5,125 $5,825;Accounts payable $700 $900 $1,000 $1,100;Other current liabilities $200 $300 $350 $425;Notes payable $1,200 $1,400 $1,500 $1,750;Total liabilities $2,100 $2,600 $2,850 $3,275;Stock outstanding $1,000 $1,000 $1,000 $1,000;Retained earning $750 $875 $1,275 $1,550;Total shareholders' equity $1,750 $1,875 $2,275 $2,550;Total liabilities and shareholders' equity $3,850 $4,475 $5,125 $5,825

 

Paper#81432 | Written in 18-Jul-2015

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