WileyPL aarioa es 202-Chapter 13 Suppose she S corrperathee balance sheets of Ma
ID: 2396384 • Letter: W
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WileyPL aarioa es 202-Chapter 13 Suppose she S corrperathee balance sheets of Marin Inc. are preented here 13-50Pa alance Shoat am2an Current Aesets 3,000 ,830 Review Score 12,9 12,3s0 Linbilities and Stockhalders Equity Curvent usbilties Long-berm Ebit 3,200 3,300 1,250 ,270 .5307.780 (a) Prepare a ter aontai analysis of the bala,ce sheet ?ta tr Mann, usin0 2016 as base. ( rann unt and percentage are deonase show the nunoo s as Mgawe, e.g. 55 000,-20% or (55,00OL (209t). 8Ned percentages to 1 decima, mace, e.g. 12.1*/ sin milions) 2017 01(Dscrasse) Change Cumont Ason 59,500 8,880 1.950 1.830 1,3D 040 Liabiltias and Secikholdare ity $2,200 3,300 ang torrs lablts 8,530 7,70 $12,060 $12,350 (b) Propare a ertical analysia of the babnce sheet data for Marin for 2017 ance Shee Cumont Ason 9,50 POONTs pant, and equipment ne 1,95Explanation / Answer
Horizontal Analysis of the Balance Sheet data for MARIN INC
MARIN INC
Condense Balance Sheet May 31
2017
2016
Increase / (Decrease)
Percentage change from 2016
Assets
Current Assets
9,500
8,880
620
7%
Property, Plant and Equipment
1,950
1,830
120
6.6%
Other Assets
1,530
1,640
(110)
(6.70%)
Total Assets
12,980
12,350
630
5.1%
Liabilities and Stockholders Equity
Current Liabilities
3,200
3,300
(100)
(3%)
Long term Liabilities
1,250
1,270
(20)
(1.6%)
Stockholders Equity
8,530
7,780
750
9.6%
Total Liabilities and Stockholders Equity
12,980
12,350
630
5.1%
(2)Vertical Analysis of the Balance Sheet data for MARIN INC
MARIN INC
Condense Balance Sheet May 31
$ ( In Millions)
Percent
Assets
Current Assets
9,500
73.2%
Property, Plant and Equipment
1,950
15%
Other Assets
1,530
11.8%
Total Assets
12,980
100%
Liabilities and Stockholders Equity
Current Liabilities
3,200
24.7%
Long term Liabilities
1,250
9.6%
Stockholders Equity
8,530
65.7%
Total Liabilities and Stockholders Equity
12,980
100%
MARIN INC
Condense Balance Sheet May 31
2017
2016
Increase / (Decrease)
Percentage change from 2016
Assets
Current Assets
9,500
8,880
620
7%
Property, Plant and Equipment
1,950
1,830
120
6.6%
Other Assets
1,530
1,640
(110)
(6.70%)
Total Assets
12,980
12,350
630
5.1%
Liabilities and Stockholders Equity
Current Liabilities
3,200
3,300
(100)
(3%)
Long term Liabilities
1,250
1,270
(20)
(1.6%)
Stockholders Equity
8,530
7,780
750
9.6%
Total Liabilities and Stockholders Equity
12,980
12,350
630
5.1%
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