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Author Question: >Complete a vertical analysis on the balance sheet for Mullen's Hardware for December 31 of last ... (Read 240 times)

ahriuashd

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on: Feb 26, 2020

>Complete a vertical analysis on the balance sheet for Mullen's Hardware for December 31 of last year. The company assets are cash accounts receivable and merchandise inventory The liabilities are accounts payable and wages payable $25,000. The owner's capital is $92,000.
◦ Mullen's Hardware Balance Sheet
Cash: 7.2%
Accounts receivable: 27.3%
Merchandise inventory: 65.5%
Total assets: 100%
Accounts payable: 15.8%
Wages payable: 53.2%
Total liabilities: 33.8%
Mullen's capital: 66.2%
Total liabilities and owner's equity: 100%

◦ Mullen's Hardware Balance Sheet
Cash: 7.2%
Accounts receivable: 27.3%
Merchandise inventory: 65.5%
Total assets: 100%
Accounts payable: 46.8%
Wages payable: 18.0%
Total liabilities: 33.8%
Mullen's capital: 66.2%
Total liabilities and owner's equity: 100%

◦ Mullen's Hardware Balance Sheet
Cash: 7.2%
Accounts receivable: 27.3%
Merchandise inventory: 65.5%
Total assets: 100%
Accounts payable: 15.8%
Wages payable: 18.0%
Total liabilities: 33.8%
Mullen's capital: 66.2%
Total liabilities and owner's equity: 100%

◦ Mullen's Hardware Balance Sheet
Cash: 7.2%
Accounts receivable: 27.3%
Merchandise inventory: 65.5%
Total assets: 100%
Accounts payable: 46.8%
Wages payable: 53.2%
Total liabilities: 100%
Mullen's capital: 66.2%
Total liabilities and owner's equity: 100%

Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by ahriuashd on Feb 26, 2020

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahriuashd

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Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)

ttt030911

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Reply 3 on: Yesterday
Excellent

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