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Abm Act 3 Final
Abm Act 3 Final
Ilang-Ilang Trading Co
Statement of Financia
X100 9.50%
sales at 34%.
nt assets are ₱270,000 and total assets are ₱810,000, what percentage of total assets are current assets?
x100 33.33%
ring the amount of a balance sheet item in one year to the amount for the same item in a prior year is called
orizontal analysis
has liabilities of ₱30,000 and owner’s capital of ₱90,000. The percentage oftotal liabilities to total assets is
30,000/120,000X100=25%
had owner’s capital of ₱150,000 in 2013 and ₱187,500 in 2013. The increase in owner’s capital from 2013 to 2014 is
187,500-150,000 x 100 25.00% or 37,500
-term liabilities are ₱300,000 and total assets are ₱2,100,000, what percentage of total assets are long-term liabilities?
x100 14.28%
2014 % 2015 %
Current assets 192,375 15.00% 265,500 19.06%
Property, plant and equipment 937,508 73.10% 967,500 69.47%
Other assets 152,618 11.90% 159,750 11.47%
Total assets 1,282,501 100 1,392,750 100%
Liabilities
Total Current liabilities 220,590 17.20% 225,550 16.19%
Long-term debt 491,198 38.30% 460,250 33.05%
Owner's Capital 570,713 44.50% 706,950 50.76%
Total Liabilities and Equipment 1,282,501 100 1,392,750 100