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    CHAPTER 2 Vertical-Analysis

    Uploaded by

    Airon Bendaña
    The document provides financial statements for JC Trading Company for the years ended December 31, 2017 and 2016. It includes a statement of financial position showing total assets increased from $8.1 million in 2016 to $8.6 million in 2017, with property, plant and equipment as the largest asset. It also includes a statement of comprehensive income showing sales increased from $4.9 million in 2016 to $5.4 million in 2017, with net income increasing from $516,800 to $592,790. Overall, the statements show the company's financial position and performance strengthened from 2016 to 2017.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    CHAPTER 2 Vertical-Analysis

    Uploaded by

    Airon Bendaña
    827 views1 page
    The document provides financial statements for JC Trading Company for the years ended December 31, 2017 and 2016. It includes a statement of financial position showing total assets increased from $8.1 million in 2016 to $8.6 million in 2017, with property, plant and equipment as the largest asset. It also includes a statement of comprehensive income showing sales increased from $4.9 million in 2016 to $5.4 million in 2017, with net income increasing from $516,800 to $592,790. Overall, the statements show the company's financial position and performance strengthened from 2016 to 2017.

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    © © All Rights Reserved

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    The document provides financial statements for JC Trading Company for the years ended December 31, 2017 and 2016. It includes a statement of financial position showing total assets increased from $8.1 million in 2016 to $8.6 million in 2017, with property, plant and equipment as the largest asset. It also includes a statement of comprehensive income showing sales increased from $4.9 million in 2016 to $5.4 million in 2017, with net income increasing from $516,800 to $592,790. Overall, the statements show the company's financial position and performance strengthened from 2016 to 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    827 views1 page

    CHAPTER 2 Vertical-Analysis

    Uploaded by

    Airon Bendaña
    The document provides financial statements for JC Trading Company for the years ended December 31, 2017 and 2016. It includes a statement of financial position showing total assets increased from $8.1 million in 2016 to $8.6 million in 2017, with property, plant and equipment as the largest asset. It also includes a statement of comprehensive income showing sales increased from $4.9 million in 2016 to $5.4 million in 2017, with net income increasing from $516,800 to $592,790. Overall, the statements show the company's financial position and performance strengthened from 2016 to 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 1

    VERTICAL ANALYSIS

    JC Trading Company
    Statement of Financial Position
    As of December 31

    2017 % 2016 %
    Cash and Cash Equivalents 470,310.00 5.46 519,860.00 6.42
    Accounts Receivable 660,110.00 7.66 565,170.00 6.98
    Inventory 653,060.00 7.58 555,480.00 6.86
    Prepaid Expenses 173,740.00 2.02 228,820.00 2.83
    Total Current Assets 1,957,220.00 1,869,330.00

    Property, Plant and Equipment 5,910,530.00 68.62 5,501,660.00 67.98


    Intangible Assets 745,200.00 8.65 721,910.00 8.92
    Total Non-current Assets 6,655,730.00 6,223,570.00

    Total Assets 8,612,950.00 100.00 8,092,900.00 100.00

    Current Liabilities 1,273,050.00 14.78 1,123,700.00 13.89


    Long-Term Liabilitites 577,580.00 6.71 541,540.00 6.69
    Total Liabilities 1,850,630.00 1,665,240.00

    JC, Capital 6,762,320.00 78.51 6,427,650.00 79.42


    Total Liabilities and Owners' Equity 8,612,950.00 100.00 8,092,890.00 100.00

    JC Trading Company
    Statement of Comprehensive Income
    For the year ended

    2017 2016
    Sales 5,385,860.00 100.00 4,921,850.00 100.00
    Cost of Goods Sold 1,374,790.00 25.53 1,254,860.00 25.50
    Gross Profit 4,011,070.00 74.47 3,666,990.00 74.50

    Selling and Administrative Expenses 3,406,460.00 63.25 3,127,150.00 63.54


    Interest Expense 11,820.00 0.22 23,040.00 0.47
    Net Income 592,790.00 11.01 516,800.00 10.50

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