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

Writer's Journal Ent...
I will focus on the content and will read each sentence to check whether this needs any revised statement or not. The sentence-level organization needs total coherence and for that I will read line by...

Journal Entry 6
Journal Entry 6

I will focus on the content and will read each sen

Week 4 Discussion Fo...
Ever since the beginning of sociology, the scholars have come up with the theories which explain deviance as well as crime and their relation with the society. Deviance refers to the activities or beh...

Week 4 Discussion Forum
Week 4 Discussion Forum

Ever since the beginning of sociology, the scholar

Essential Nutrients...
List Macronutrients:_¬_Proteins, Fats, Carbohydrates and Water List Micronutrients:_Vitamins and Nutrients_______ Macronutrients provide energy, and support growth and development of body tissues. N...

Essential Nutrients Study Guide
Essential Nutrients Study Guide

List Macronutrients:_¬_Proteins, Fats, Carbohydra

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