ACC 561 Assignment Wiley Plus Week 2
This paperwork ACC 561 Assignment Wiley Plus Week 2 includes answers to these exercises:
E13-5
The comparative balance sheets of Nike, Inc. are presented here.
Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base.
E13-6
Here are the comparative income statements of Winfrey Corporation.
Complete the horizontal analysis of the income statement data for Winfrey Corporation using 2009 as a base
E13-9
Armada Company has these comparative balance sheet data:
Compute the following ratios at December 31, 2010. Business - Accounting E13-5
The comparative balance sheets of Nike, Inc. are presented here. NIKE INC. Comparative Balance Sheets May 31 ($ in millions) Assets 2007 2006 Current assets $8,076 $7,346 Property, plant, and equipment (net) 1,678 1,658 Other assets 934 866 Total assets $10,688 $9,870 Liabilities and Stockholders' Equity Current liabilities $2,584 $2,612 Long-term liabilities 1,079 973 Stockholders' equity 7,025 6,285 Total liabilities and stockholders' equity $10,688 $9,870
Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base. (If amount decreases, use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round all percentages to 1 decimal place, e.g. 12.5.) NIKE, INC. Condensed Balance Sheet December 31 ($ in millions) Increase or (Decrease) 2007 2006 Amount Percentage Assets Current assets $8,076 $7,346 $730 9.9%
E13-6
E13-6 Here are the comparative income statements of Winfrey Corporation. WINFREY CORPORATION Comparative Income Statements For the Years Ended December 31 2010 2009 Net sales $598,000 $520,000 Cost of goods sold 477,000 450,000 Gross profit $121,000 $ 70,000 Operating expens...
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E13-5
The comparative balance sheets of Nike, Inc. are presented here.
Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base.
E13-6
Here are the comparative income statements of Winfrey Corporation.
Complete the horizontal analysis of the income statement data for Winfrey Corporation using 2009 as a base
E13-9
Armada Company has these comparative balance sheet data:
Compute the following ratios at December 31, 2010. Business - Accounting E13-5
The comparative balance sheets of Nike, Inc. are presented here. NIKE INC. Comparative Balance Sheets May 31 ($ in millions) Assets 2007 2006 Current assets $8,076 $7,346 Property, plant, and equipment (net) 1,678 1,658 Other assets 934 866 Total assets $10,688 $9,870 Liabilities and Stockholders' Equity Current liabilities $2,584 $2,612 Long-term liabilities 1,079 973 Stockholders' equity 7,025 6,285 Total liabilities and stockholders' equity $10,688 $9,870
Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base. (If amount decreases, use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round all percentages to 1 decimal place, e.g. 12.5.) NIKE, INC. Condensed Balance Sheet December 31 ($ in millions) Increase or (Decrease) 2007 2006 Amount Percentage Assets Current assets $8,076 $7,346 $730 9.9%
E13-6
E13-6 Here are the comparative income statements of Winfrey Corporation. WINFREY CORPORATION Comparative Income Statements For the Years Ended December 31 2010 2009 Net sales $598,000 $520,000 Cost of goods sold 477,000 450,000 Gross profit $121,000 $ 70,000 Operating expens...
To get more course tutorials visit - https://bitly.com/12BiwV3
College is meant to be a