ALPHA CONTRACTORS, INC.
Presented to
Mr. Abdul Mojeb A. Pangumpig
Accountancy Department
College of Business Administration and Accountancy
Mindanao State University
Marawi City
In Partial Fulfillment of the Requirement of the Course
Accounting 13 (Financial Accounting and Reporting)
First Semester, A.Y. 2014-2015
Presented by
Dianoden N. Ali
Rania M. Ampuan
Abdul Jamil P. Balua
Abegael T. Longaquit
Dan Mae Shell N. Tano
Zyra Lou O. Tiongson
September 2014
ACKNOWLEDGEMENT
This study would be impossible without the help of our Acctg13 (Financial Accounting) Instructor, Mr. Abrdulmojeb A. Pangompig, our friends and our families. This study shows not only my effort and hard work, but of the people as well who were always at our side during the conduction of this study, and without their support financially and emotionally, their encouragement and suggestions, we would not have made it until the end. I would like to thank all of you, our friends, and our families. Prof. Abdulmojeb Pangompig, our subject instructor who helped us to find direction of our study. To our friends especially to our roommates who always gives me strength and inspiration. Our classmates whom we asked every time we had confusion about our study and whom we spent our overnight with. Our family for their love and support all the way. Above all, to the Almighty God, for His unending love, guidance, and for giving me the knowledge, wisdom, perseverance and strength all throughout this work.
TABLE OF CONTENTS
Acknowledgement
Dedication
Table of Contents
I. Introduction
II. Historical Background
III. Comparative Financial Statements
IV. Financial Statement Analysis
A. Horizontal Analysis
1. Statement of Financial Position
2. Statement of Comprehensive Income
B. Vertical Analysis
1. Statement of Financial Position
2. Statement of Comprehensive Income
C. Ratio Analysis
1. Test of Liquidity
2. Test of Solvency
3. Test of Profitability
V.