cash receipts from sales of goods and services.
acquiring and disposing of productive long-lived assets.
lending money to other entities and collecting on those loans.
long-term liability and owners’ equity items.
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ACC 557 Week 10 Chapter 14 (E14-3, E14-4, E14-13, P146A)
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ACC 557 Week 10 Chapter 14 (E14-3, E14-4, E14-13, P14-6A)
Exercise 14-3
The comparative condensed balance sheets of Garcia Corporation are
presented below.
(a) Prepare a horizontal analysis of the balance sheet data for Garcia
Corporation using 2013 as a base.
(b) Prepare a vertical analysis of the balance sheet data for Garcia
Corporation in columnar form for 2014
Exercise 14-4
The comparative condensed income statements of Hendi Corporation
are shown below.