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### Chapter 17_Student Worksheet_Spring 2012

Course: ACCT 202, Spring 2012
School: Old Dominion
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Word Count: 104

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17-3 Formula Exercise for Trend % is (Analysis period amount/Base period amount)X100 2013 Sales............................... Cost of goods sold ....... Accounts receivable ..... 2012 2011 2010 2009 100 100 100 Exercise 17-7 Common Size %, for Assets Use Total Assets as 100% so divide all assets by total assets. For Liabilities &amp; Equity use Total liabilities &amp; equity as 100% and divide all...

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17-3 Formula Exercise for Trend % is (Analysis period amount/Base period amount)X100 2013 Sales............................... Cost of goods sold ....... Accounts receivable ..... 2012 2011 2010 2009 100 100 100 Exercise 17-7 Common Size %, for Assets Use Total Assets as 100% so divide all assets by total assets. For Liabilities & Equity use Total liabilities & equity as 100% and divide all liabilities & equity accounts by Total Liabilities & Equity Sanderson Company Common-Size Comparative Balance Sheets December 31, 2010-2012 2012 Cash .................................................... receivable, Accounts net ................... Merchandise inventory ...................... Prepaid expenses ............................... Plant assets, net ................................ Total assets ........................................ Accounts payable .............................. Long-term notes payable secured by mortgages on plant assets ......... Common stock, \$10 par value .......... Retained earnings ............................. Total liabilities and equity ................. * 2011* 2010* 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Column does not equal 100.0 due to rounding.
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