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Showing posts with label Blevins Inc. Show all posts
Showing posts with label Blevins Inc. Show all posts

Monday, August 3, 2015

Financial information for Blevins Inc. is presented below

E14-1 Financial information for Blevins Inc. is presented below.

December 31, 2012 December 31, 2011
Current assets $125,000 $100,000
Plant assets (net) 396,000 330,000
Current liabilities 91,000 70,000
Long-term liabilities 133,000 95,000
Common stock, $1 par 161,000 115,000
Retained earnings 136,000 150,000

Instructions
Prepare a schedule showing a vertical analysis for 2012 and 2011.

Click here for the solution: Financial information for Blevins Inc. is presented below