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using the vertical analysis. provide an in-depth explanation for the highlighted areas. explanation must include the balance and income statement analysis. other areas not hightlight maybe discussed as well.

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3 c E Balance Sheet of December Yet Year Nof Total Year 4 Current Auetu Casa Marketable Securities Accounts receivable, net, and oth Inventories Prepaid Items Total Current Assets Investments Plantina) Lund Total Assets 40,000 36,000 667 20,00 6,000 3.33% 54,000 46,000 9.00% 135,000 143,000 22 SON 25,000 10,000 417N 274,000 241,000 45.57 27.000 20,000 450W 270,000 255,000 45 OON 29,000 24,000 4 IN 500,000 540,000 100.00N 6.67 1115 8.52 26.40 SOSN 44. 3709 47 22 4.44 100 DOM 17,000 6,000 113,100 100,000 21,000 15.000 151,800 121,000 2.83 13 97 3.50N 25.30 111 18.52% 2.78% 22.4155 Labdies and Stockholders' Equity Current Lisblitiet Notas Payable Accounts Payable Salaires Payable Total Current Liabilites Non Current Liabilities Bonds Payable Other Total Noncurrent liabilities Total liabuities Stockholders' equity Preferred stock. (par value 510, 4 cumulative, nonparticipating: 8,000 shares authorized and issued Common stock, no par; 50,000 shares Authorized, 10,000 shares issued) Retained earnings Total stockholders equity Total liabilities and stockholders'equity 100,000 100,000 32,000 27.000 132,000 127,000 283,000 248,000 16.67% 5.33% 22.00% 47,30% 18.52% 5.00% 23.529 45.93% 80,000 80,000 13.33 14 GIN 80,000 30,000 156,200 132.000 316,200 292,000 600,000 540,000 1113 26.03% $2.70 14,81% 24.449 5407N 100 OOK 100 00 Year 4 230,000 210,000 3.000 5,000 238,000 215.000 Total Year 4 Yeac3 96 64 97.67% 3.36% 2.33% 100.00% 100.OON Statement of Income and Retained Earnings as of December 31 Revenues Sales Other Revenues Total Revenues Expenses Cost of Goods Sold Sellineneral, and administrati Interest Expense Income tax expense Total expenses Net Carrings (net income) Retained Earnings, January 1 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 Sheet2 Sheet3 3.000 47915 23.26% 3.35 10.23 34.741 120,000 100.000 55,000 50,000 7,200 23,000 22,000 205,000 182,200 32,000 32,800 132,000 107.000 3,200 3,200 4,600 4,600 156 200 132.000 50 425 23 111 3.36 9.66N 86.55N 12.45 84 51 205 2.94 100.00 81.06N 2.42 3.68 10000 et1 51 i K pe here to search 11 mer be +54/147 A C F G H IN O as of December 11 Year 4 Year 3 % of Total Year 4 Year 3 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts receivable, net, and oth Inventories Prepaid items Total Current Assets Investments Plant (net) Land Total Assets 40,000 36,000 20,000 6,000 54,000 45,000 135,000 143,000 25.000 10,000 274,000 241,000 27.000 20,000 270,000 255,000 25,000 24,000 600,000 500,000 6.6% 3.33% 9.00 22.50% 4.IN 45.67% 4.50% 45.0 4.83% 100.00% 6.67% 1.11% 8.52% 26.48% LAS 4.63% 3.70% 47.22% 4.44% 100.00% 17,000 113,800 21,000 151,300 6,000 100,000 15,000 121,000 2.83% 18.97% 3.50% 25.30 1.11% 18.52% 2.78% 22.41% Liabilites and Stockholders' Equity Current Liablities: Notes Payable Accounts Payable Salaires Payable Total Current Liabilites Non Current Liabilities Bonds Payable Other Total Noncurrent liabilities Total liabilities Stockholders' equity: Preferred stock, (par value $10.4% cumulative, nonparticipating: 8,000 shares authorized and issued) Common stock, (no par; 50,000 shares Authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 100,000 32.000 132,000 283,800 100,000 27.000 127,000 248,000 16.67% 5.33% 22.00% 47.30 18.52% SOOX 23.32% 45.33% 80,000 80,000 13.33% 14.81 80,000 132.000 14.81% 2.4 80,000 156,200 316,200 600,000 13.33% 26.03% 52.701 100.00 292,000 540,000 54.07 100.00 Statement of income and retained Earnings as of December 31 Revenues Sales Year 4 230,000 Year 3 210.000 % Total Year 1 Year! 16.64% 9762 Total liabilities and stockholders' equity 600,000 52.709 100.00% 540,000 Statement of Income and Retained Earnings as of December 31 Revenues Sales Other Revenues Total Revenues Year 4 230,000 8,000 238,000 Year 3 210,000 5,000 % Total Year 4 Year 3 96.64% 97.67% 3.36% 2.33% 100.00% 100.00% 215,000 120,000 55,000 8,000 23,000 206,000 103,000 50,000 7,200 22,000 Expenses Cost of Goods Sold Selling, general, and administrativ Interest Expense Income tax expense Total expenses Net Earnings (net income) Retained Earnings, January 1 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 50.42% 23.11% 3.36% 9.66% 182,200 86.55% 47.91% 23.26% 3.35% 10.23% 84.74% 24.85% 81.06% 2.42% 3.48% 32,000 132,000 3,200 4,600 156,200 32,800 107,000 3,200 4,500 132,000 13.45% 84.51% 2.05% 2.94% 100.00% 100.00% Sheet2 Sheets re to search 3 c E Balance Sheet of December Yet Year Nof Total Year 4 Current Auetu Casa Marketable Securities Accounts receivable, net, and oth Inventories Prepaid Items Total Current Assets Investments Plantina) Lund Total Assets 40,000 36,000 667 20,00 6,000 3.33% 54,000 46,000 9.00% 135,000 143,000 22 SON 25,000 10,000 417N 274,000 241,000 45.57 27.000 20,000 450W 270,000 255,000 45 OON 29,000 24,000 4 IN 500,000 540,000 100.00N 6.67 1115 8.52 26.40 SOSN 44. 3709 47 22 4.44 100 DOM 17,000 6,000 113,100 100,000 21,000 15.000 151,800 121,000 2.83 13 97 3.50N 25.30 111 18.52% 2.78% 22.4155 Labdies and Stockholders' Equity Current Lisblitiet Notas Payable Accounts Payable Salaires Payable Total Current Liabilites Non Current Liabilities Bonds Payable Other Total Noncurrent liabilities Total liabuities Stockholders' equity Preferred stock. (par value 510, 4 cumulative, nonparticipating: 8,000 shares authorized and issued Common stock, no par; 50,000 shares Authorized, 10,000 shares issued) Retained earnings Total stockholders equity Total liabilities and stockholders'equity 100,000 100,000 32,000 27.000 132,000 127,000 283,000 248,000 16.67% 5.33% 22.00% 47,30% 18.52% 5.00% 23.529 45.93% 80,000 80,000 13.33 14 GIN 80,000 30,000 156,200 132.000 316,200 292,000 600,000 540,000 1113 26.03% $2.70 14,81% 24.449 5407N 100 OOK 100 00 Year 4 230,000 210,000 3.000 5,000 238,000 215.000 Total Year 4 Yeac3 96 64 97.67% 3.36% 2.33% 100.00% 100.OON Statement of Income and Retained Earnings as of December 31 Revenues Sales Other Revenues Total Revenues Expenses Cost of Goods Sold Sellineneral, and administrati Interest Expense Income tax expense Total expenses Net Carrings (net income) Retained Earnings, January 1 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 Sheet2 Sheet3 3.000 47915 23.26% 3.35 10.23 34.741 120,000 100.000 55,000 50,000 7,200 23,000 22,000 205,000 182,200 32,000 32,800 132,000 107.000 3,200 3,200 4,600 4,600 156 200 132.000 50 425 23 111 3.36 9.66N 86.55N 12.45 84 51 205 2.94 100.00 81.06N 2.42 3.68 10000 et1 51 i K pe here to search 11 mer be +54/147 A C F G H IN O as of December 11 Year 4 Year 3 % of Total Year 4 Year 3 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts receivable, net, and oth Inventories Prepaid items Total Current Assets Investments Plant (net) Land Total Assets 40,000 36,000 20,000 6,000 54,000 45,000 135,000 143,000 25.000 10,000 274,000 241,000 27.000 20,000 270,000 255,000 25,000 24,000 600,000 500,000 6.6% 3.33% 9.00 22.50% 4.IN 45.67% 4.50% 45.0 4.83% 100.00% 6.67% 1.11% 8.52% 26.48% LAS 4.63% 3.70% 47.22% 4.44% 100.00% 17,000 113,800 21,000 151,300 6,000 100,000 15,000 121,000 2.83% 18.97% 3.50% 25.30 1.11% 18.52% 2.78% 22.41% Liabilites and Stockholders' Equity Current Liablities: Notes Payable Accounts Payable Salaires Payable Total Current Liabilites Non Current Liabilities Bonds Payable Other Total Noncurrent liabilities Total liabilities Stockholders' equity: Preferred stock, (par value $10.4% cumulative, nonparticipating: 8,000 shares authorized and issued) Common stock, (no par; 50,000 shares Authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 100,000 32.000 132,000 283,800 100,000 27.000 127,000 248,000 16.67% 5.33% 22.00% 47.30 18.52% SOOX 23.32% 45.33% 80,000 80,000 13.33% 14.81 80,000 132.000 14.81% 2.4 80,000 156,200 316,200 600,000 13.33% 26.03% 52.701 100.00 292,000 540,000 54.07 100.00 Statement of income and retained Earnings as of December 31 Revenues Sales Year 4 230,000 Year 3 210.000 % Total Year 1 Year! 16.64% 9762 Total liabilities and stockholders' equity 600,000 52.709 100.00% 540,000 Statement of Income and Retained Earnings as of December 31 Revenues Sales Other Revenues Total Revenues Year 4 230,000 8,000 238,000 Year 3 210,000 5,000 % Total Year 4 Year 3 96.64% 97.67% 3.36% 2.33% 100.00% 100.00% 215,000 120,000 55,000 8,000 23,000 206,000 103,000 50,000 7,200 22,000 Expenses Cost of Goods Sold Selling, general, and administrativ Interest Expense Income tax expense Total expenses Net Earnings (net income) Retained Earnings, January 1 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 50.42% 23.11% 3.36% 9.66% 182,200 86.55% 47.91% 23.26% 3.35% 10.23% 84.74% 24.85% 81.06% 2.42% 3.48% 32,000 132,000 3,200 4,600 156,200 32,800 107,000 3,200 4,500 132,000 13.45% 84.51% 2.05% 2.94% 100.00% 100.00% Sheet2 Sheets re to search

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