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  • 05 - Activity - 1 - ARG 1

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    Ivan Cutiam
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    The document contains horizontal analysis tables comparing the company's 201B and 201A balance sheets and income statements. The balance sheet shows increases in cash, receivables, inventory, other assets, common stock, and retained earnings from 201A to 201B, along with decreases in prepaid expenses and current liabilities. The income statement shows increases in sales, cost of goods sold, gross profit, operating expenses, income from operations, income before taxes, and net income from 201A to 201B.

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    05_Activity_1_-_ARG 1

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    The document contains horizontal analysis tables comparing the company's 201B and 201A balance sheets and income statements. The balance sheet shows increases in cash, receivables, inventory, other assets, common stock, and retained earnings from 201A to 201B, along with decreases in prepaid expenses and current liabilities. The income statement shows increases in sales, cost of goods sold, gross profit, operating expenses, income from operations, income before taxes, and net income from 201A to 201B.

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    © All Rights Reserved
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    74 views1 page

    05 - Activity - 1 - ARG 1

    Uploaded by

    Ivan Cutiam
    The document contains horizontal analysis tables comparing the company's 201B and 201A balance sheets and income statements. The balance sheet shows increases in cash, receivables, inventory, other assets, common stock, and retained earnings from 201A to 201B, along with decreases in prepaid expenses and current liabilities. The income statement shows increases in sales, cost of goods sold, gross profit, operating expenses, income from operations, income before taxes, and net income from 201A to 201B.

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    of 1

    05 Activity 1 - ARG

    CUTIAM, IVAN M. November 9, 2022


    ABM 12 FABM

    Horizontal Analysis
    BALANCE SHEET
    201B Vertical 201A Vertical Peso Change % Change
    Analysis Analysis

    Cash P 1,633 9.49% P 1396 9.26% 237 16.98%


    Receivables 1,209 7.03% 1,074 7.12% 135 12.57%
    Inventory 883 5.13% 707 4.69% 176 24.89%
    Prepaid Expenses 1,139 6.62% 1,413 9.37% (274) (19.39%)
    Total Current Assets 4,864 28.28% 4590 30.44% 274 5.97%
    Other Assets 12,333 71.72% 10,491 69.56% 1706 17.56%
    Total Assets 17,197 100% 15,081 100% 2116 14.03%

    Total current liabilities 4,820 28.03% 5,645 37.43% (625) (14.61%)


    Long-term liabilities 3,199 18.60% 2,528 16.76% 671 26.54%
    Common Stock 4,379 25.46% 2,909 19.29% 1,470 50.53%
    Retained Earnings 4,800 27.91% 4,000 26.52% 800 20%
    Total Liabilities and 17,197 100% 15,081 100% 2116 14.03%
    Equity

    Horizontal Analysis
    INCOME STATEMENT
    201B Vertical 201A Vertical Peso Change % Change
    Analysis Analysis
    Sales P 2500 100% P 2100 100% 400 19.05%
    Less: Cost of Goods Sold 1,800 72% 1,500 71.43% 300 20%
    Gross Profit 700 28% 600 28.57% 100 16.67%
    Less: Operating expenses 300 12% 250 11.90% 50 20%
    Income from operations 400 16% 350 16.7% 50 14.19%
    Less: Interest expense 180 7.2% 180 8.58% 0 0%
    Income before taxes 220 8.8% 170 8.09% 50 29.41%
    Less: Income tax 66 2.64% 59.5 2.83% 6.5 10.92%
    Net Income 154 6.16% 110.5 5.26% 43.5 39.37%

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