Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Final Paper_Introduc...
The world is full of different kinds of religions and each religion is unique and necessary in their own special ways, because each religion has something to offer and something to introduce, into the...

Final Paper_Introduction to Religion
Final Paper_Introduction to Religion

The world is full of different kinds of religions

Discussion Board 2_1...
There are no exact or ideal answers to the question “Can happiness be measured?” Happiness is a feeling, it is not touchable, and it is not seen by others also. . By an instrument we cannot measure ha...

Discussion Board 2
Discussion Board 2

There are no exact or ideal answers to the questio

Week Five Project_16...
• Having a knowledge of other cultures helps advance cross-communication in healthcare. • African Americans constitute the largest population in America. According to the 2010 U.S. census, it comprise...

Week Five Project
Week Five Project

• Having a knowledge of other cultures helps adv

The Balance Sheet Worksheet

The Balance Sheet Worksheet

Q The Balance Sheet Worksheet (Chapter 4) MGT 225 - Managerial Accounting 1. Vertical Analysis for Balance Sheet (Test Your Skills #5) Rachel owns a franchise restaurant, which is part of a large restaurant chain in New England. Help her calculate a vertical analysis of her balance sheet. Rachel's Restaurant Balance Sheet December 31 This Year 2. Horizontal Analysis Balance Sheet (Test Your Skills #6). Having completed the vertical analysis of her balance sheet (above), Rachel now wants to complete a horizontal analysis of her balance sheet comparing last year to this year. Help Rachel complete her horizontal analysis and then answer the questions that follow. Rachel's Restaurant Balance Sheet December 31 Last Year versus This Year 3. Vertical Analysis for Balance Sheet (Test Your Skills #5) Rachel owns a franchise restaurant, which is part of a large restaurant chain in New England. Help her calculate a vertical analysis of her balance sheet. Rachel's Restaurant Balance Sheet December 31 This Year

View Related Questions

Solution Preview

View Complete Solution
$ ASSETS Current Assets Cash 57,317 Marketable Securities 130,769 Net Receivables 80,000 Inventories 34,545 Total Current Assets Investments 248,837 Property and Equipment Land 206,053 Building 418,665 Furnishings and Equipment 205,556 Less Accumulated Depreciation 135,429 Total Property and Equipment—Net Other Assets 15,814 Total Assets LIABILITIES AND OWNERS' EQUITY Current Liabilities Accounts Payable 142,439 Notes Payable 31,905 Other Current Liabilities 147,907 Total Current Liabilities Long?Term Liabilities Long?Term Debt 218,272