Horizontal and Vertical Analysis

 

Income Statement For the year ended 201B Net Sales

5,000,000.00

Le Less ss:: C Cos ostt of of Goo Good ds S Sol old d

3, 3,00 000, 0,00 000. 0.00 00

Gross Prot

2,000,000.00

Less: Expenses Selling Expenses

400,000.00

Ad Admi mini nist stra rav ve e Expen Expenses ses

600,0 600,000. 00.00 00

Operang Prot

1, 1,00 000, 0,000 000.00 .00 1,000,000.00

Less: Interest Expense

250,000.00

Income aer Interest

750,000.00

Income Tax Expense

225,000.00

Net Income

₱ 525,000.00

 

Statement of Financial Posion  201B

201A

ASSETS Current Assets: Cash

290,000.00

150,000.00

Marketable Securies

1,000,000.00

850,000.00

Accounts Receivable, net

1,000,000.00

500,000.00

500,000.00

750,000.00

90,000.00 2,880,000.00

100,000.00 2,350,000.00

Land

700,000.00

500,000.00

Building, net

500,000.00

550,000.00

Mach chiinery and Equipment ent,net

1,500, 0,0 000.00 .00

1,70 1,700 0,000.00 .00

Total Non Current Assets

2,700,000.00

2,750,000.00

Inventories Prepaid Expenses Total Current Assets Non-Current Assets

TOTAL ASSETS

₱ 5,580,000.00 ₱ 5,100,000.00

LIABILITIES Current Liabillites Notes Payable, Trade Accounts Payable,net

150,000.00 635,000.00

100,000.00 610,000.00

20,000.00

40,000.00

805,000.00

750,000.00

Long-Term Notes

2,250,000.00

2,500,000.00

Total Liabilies

3,055,000.00

3,250,000.00

Owner's Capital

2,525,000.00

1,850,000.00

Expenses Payable Total Current Liabilies Non Current Liabilies

TOTAL LIABILITIES AND CAPITAL

 

₱ 5,580,000.00 ₱ 5,100,000.00

Vercal Analysis- Income Statement %of Net Sales Net Sales

5,000,000.00

100.00%

Less: Cost of Goods Sold

3,000,000.00

60.00%

Gross Prot

2,000,000.00

40.00%

Selling Expenses

400,000.00

8.00%

Administrave Expenses

600,000.00

12.00%

Operang Prot Less: Interest Expense

1,000,000.00 250,000.00

20.00% 5.00%

 Income aer Interest

750,000.00

15.00%

Income Tax Expense

225,000.00

4.50%

Net Income

525,000.00

10.50%

Less: Expenses

 

Horizontal Analysis - Statement of Financial Posion

 201B

201A

Peso Changes

Percentage Change

ASSETS Current Assets: Cash

290,000.00

1 15 50,000.00

140,000.00

93.33%

Marketable Securies

1,000,000.00

850,000.00

150,000.00

17.65%

Acc cco ounts Rece Receiivable, net

1,000 00,,000.00 .00

500,000.0 0.00

50 500 0,000.00 .00

100.00 .00%

750,000.00 - 250,000.00 100,000.00 - 10,000.00

-33.33% -10.00%

Inventories Prepaid Expenses Total Current Assets

500,000.00 90,000.00 2,880,000.00

2,350,000.00

530,000.00

22.55%

Land

700,000.00

5 50 00,000.00

200,000.00

40.00%

Building, net

500,000.00

550,000.00 - 50,000.00

-9.09%

Machi Ma chine nery ry an and d Equi Equipm pment ent,n ,net et

1, 1,500 500,0 ,000 00.00 .00

1, 1,70 700, 0,000 000.00 .00 - 200 200,0 ,000 00.00 .00

-11.7 -11.76% 6%

Total Non Non Cur Curren entt Assets ets

2,700 00,,000.00 .00

2,750,00 0,000 0.00 .00 - 50 50,,000.00 .00

-1.82 .82%

Non-Current Assets

 TOTAL ASSETS

₱ 5,580,000.00 ₱ 5,100,000.00

480,000.00

9.41%

LIABILITIES Current Liabillites Notes Payable, Trade

150,000.00

100,000.00

50,000.00

50.00%

Accounts Payable,net

635,000.00

610,000.00

25,000.00

4.10%

40,000.00 - 20,000.00

-50.00%

Expenses Payable Total Current Liabilies

20,000.00 805,000.00

750,000.00

55,000.00

7.33%

Non Current Liabilies Long-Term Notes

2,250,000.00

2,500,000.00 - 250,000.00

-10.00%

Total Liabilies

3,055,000.00

3,250,000.00 - 195,000.00

-6.00%

Owner's Capital

2,525,000.00

1,850,000.00

675,000.00

36.49%

₱ 5,580,000.00 ₱ 5,100,000.00

480,000.00

9.41%

 TOTAL LIABILITIES AND CAPITAL