Managerial Accounting 1B Ch-12-24
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Managerial Accounting 1B
Financial and Managerial Accounting
Chapter 13
Exercise 13-3 Computation and analysis of trend percents L.O. P1
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| 2013 | 2012 | 2011 | 2010 | 2009 |
| Sales | $ 283,880 | $ 271,800 | $ 253,680 | $ 235,560 | $ 151,000 |
| Cost of goods sold | 129,200 | 123,080 | 116,280 | 107,440 | 68,000 |
| Accounts receivable | 19,100 | 18,300 | 17,400 | 16,200 | 10,000 |
| | |||||
| Compute trend percents for the above accounts, using 2009 as the base year. (Omit the "%" sign in your response.) |
Exercise 13-7 Common-size percents L.O. P2
| Sanderson Company’s year-end balance sheets follow. |
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| At December 31 |
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| 2012 |
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| 2011 |
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| 2010 |
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| Assets |
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|
|
|
|
|
|
|
|
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| Cash |
| $ | 30,800 |
| $ | 35,625 |
| $ | 36,800 |
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| Accounts receivable, net |
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| 88,500 |
|
| 62,500 |
|
| 49,200 |
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| Merchandise inventory |
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| 111,500 |
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| 82,500 |
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| 53,000 |
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| Prepaid expenses |
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| 9,700 |
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| 9,375 |
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| 4,000 |
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| Plant assets, net |
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| 277,500 |
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| 255,000 |
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| 229,500 |
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|
|
| | |
| | |
| | |
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| Total assets |
| $ | 518,000 |
| $ | 445,000 |
| $ | 372,500 |
13 years ago
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