Balance Sheet 2013 2012 2011 Assets Cash $13,000 $19,000 $18,000 A/R 3,000 1,000
ID: 2634713 • Letter: B
Question
Balance Sheet
2013
2012
2011
Assets
Cash
$13,000
$19,000
$18,000
A/R
3,000
1,000
0
Inventory
18,000
12,000
8,000
Net building/land/equipment
70,000
70,000
70,000
Total
104,000
102,000
96,000
Liabilities
A/P
$9,000
$7,000
$5,000
Notes Payable
4,000
4,000
0
Total
13,000
11,000
5,000
Capital
91,000
91,000
91,000
Comparative Trend Analysis (Please fill out)
2012 to 2013
2011 to 2012
Assets
Percent Change
Percent Change
Cash
A/R
Inventory
Net building/land/equipment
0
0
Total
Liabilities
A/P
Notes Payable
Total
Capital
1. What does this table show you regarding the balance sheet?
Balance Sheet
2013
2012
2011
Assets
Cash
$13,000
$19,000
$18,000
A/R
3,000
1,000
0
Inventory
18,000
12,000
8,000
Net building/land/equipment
70,000
70,000
70,000
Total
104,000
102,000
96,000
Liabilities
A/P
$9,000
$7,000
$5,000
Notes Payable
4,000
4,000
0
Total
13,000
11,000
5,000
Capital
91,000
91,000
91,000
Explanation / Answer
2012 to 2013 2011 to 2012 Assets Cash 32% -6% A/R -200% 100000% Inventory -50% -50% Net building/land/equipment 0% 0% Total -2% -6% Liabilities A/P -29% -40% Notes Payable 0% 400000% Total -18% -120% Capital 0% 0%
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