#### Words of Wisdom:

"I distrust those people who know so well what God wants them to do because I notice it always coincides with their own desires."- Susan B. Anthony" - Dwayne

# Acc 561 Week 3 Assignment Wileyplus

• Date Submitted: 01/16/2016 03:58 AM
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Brief Exercise 13-4
Using these data from the comparative balance sheet of Rosalez Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.)
Increase or (Decrease)
Dec. 31, 2012 Dec. 31, 2011 Amount Percentage
Accounts receivable \$ 488,200 \$ 360,000
Inventory \$ 818,100 \$ 601,200
Total assets \$3,173,600 \$2,774,300
Brief Exercise 13-5
Using these data from the comparative balance sheet of Rosalez Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.)
Dec. 31, 2012 Dec. 31, 2011
Amount Percentage Amount Percentage
Accounts receivable \$ 544,700
\$ 393,300

Inventory \$ 804,600
\$ 609,700

Total assets \$3,137,000
\$2,763,400

Brief Exercise 13-8 (Essay)

Vertical Analysis 2012 2011 2010
Sales 100 % 100 % 100 %
Cost of goods sold 61.2 64.6 65.7
Expenses 24.8 26.3 28.0
Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.

Did Vallejo’s net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.

Brief Exercise 13-9 (Essay)

Horizontal analysis (trend analysis) percentages for Spartan Company’s sales, cost of goods sold, and expenses are listed here.
Horizontal Analysis 2012 2011 2010
Sales 96.2 % 104.8 % 100.0 %
Cost of goods sold 101.0 98.0 100.0
Expenses 105.6 95.4 100.0

Explain whether Spartan’s net income increased, decreased, or remained unchanged over the 3-year period.

Brief Exercise...