Managerial Accounting 1B – Financial and Managerial Accounting- Ch13

$21.00

Description

Managerial Accounting 1B

Financial and Managerial Accounting

Chapter 13

Exercise 13-3 Computation and analysis of trend percents L.O. P1

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.

At December 31

2012

2011

2010

Assets

Cash

$

30,800

$

35,625

$

36,800

Accounts receivable, net

88,500

62,500

49,200

Merchandise inventory

111,500

82,500

53,000

Prepaid expenses

9,700

9,375

4,000

Plant assets, net

277,500

255,000

229,500







Total assets

$

518,000

$

445,000

$

372,500

Reviews

There are no reviews yet.

Be the first to review “Managerial Accounting 1B – Financial and Managerial Accounting- Ch13”

Your email address will not be published. Required fields are marked *