Q1
Here is financial information for Sage Hill Inc.
| December 31, 2022 | December 31, 2021
|
|
| Current assets
|
$109,277
|
$93,800
|
| Plant assets (net)
|
403,396
|
353,300
|
| Current liabilities
|
102,450
|
68,300
|
| Long-term liabilities
|
125,223
|
93,800
|
| Common stock, $1 par
|
132,669
|
118,300
|
| Retained earnings
|
152,331
|
166,700
|
Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.1%)
Q2
Operating data for Bramble Corp. are presented as follows.
| 2022 | 2021
|
|
| Sales revenue | $827200 | $626800
|
| Cost of goods sold | 529408 | 407420
|
| Selling expenses | 119944 | 75216
|
| Administrative expenses | 70312 | 50144
|
| Income tax expense | 33088 | 28206
|
| Net income | 74448 | 65814 |
Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%)
Q3
BLOSSOM company has these comparative balance sheet
Q4
Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data areas of the end of the fiscal year (in millions).