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FS Analysis Activity.docx - Phia Vhianna Reign S. Ramirez...

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Phia Vhianna Reign S. RamirezABM 12-AFINANCIAL STATEMENT ANALYSISHorizontal and Vertical AnalysisPresented below are the comparative Statements of Financial Position of DM Atienza Company for the calendar years2020 and 2021:Using the horizontal analysis, compute for the increase (decrease) in amount and percentage change betweenyears 2020 and 2021.DM Atienza CompanyStatements of Financial PositionDecember 31ASSETS20212020Increase(Decrease)PercentageChangeCurrent Assets:CashMarketable securitiesAccounts receivable (net)InventoriesOther current assetsTotal current assetsP240,000160,000360,000480,000120,000P 1,360,000P200,000120,000240,000400,000160,000P 1,120,000P40,00040,000120,00080,000(40,000)P240,00020%33.33%50%20%(25%)21.43%Noncurrent Assets:Investment in securitiesProperty, Plant & Equipment (net)Other noncurrent asset, netTotal noncurrent assetsP200,0002,000,000440,000P 2,640,000P160,0002,120,000240,000P 2,520,000P40,000(120,000)200,000P120,00025%5.66%83.33%4.76%TOTAL ASSETSP 4,000,000P 3,640,000P360,0009.89%LIABILITIES & EQUITYLiabilities:Current LiabilitiesNoncurrent LiabilitiesTotal LiabilitiesP680,000200,000P880,000P440,000200,000P640,000P240,0000P240,00054.55%0%37.5%Equity:5% Cumulative, non-participating Preferredstock, P10 par value, 8,000 shares issuedand outstandingCommon stock, P10 par, 160,000 sharesauthorized, 120,000 shares issued andoutstandingShare Premium – CommonRetained earningsTotal Equity

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Term
Fall
Professor
Maxine
Tags
Balance Sheet, Generally Accepted Accounting Principles, DM ATIENZA COMPANY

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