WileyPL aarioa es 202Chapter 13 Suppose she S corrperathee b

WileyPL aarioa es 202-Chapter 13 Suppose she S corrperathee balance sheets of Marin Inc. are preented here 13-50Pa alance Shoat am2an Current Aesets 3,000 ,830 Review Score 12,9 12,3s0 Linbilities and Stockhalders Equity Curvent usbilties Long-berm Ebit 3,200 3,300 1,250 ,270 .5307.780 (a) Prepare a ter aontai analysis of the bala,ce sheet ?ta tr Mann, usin0 2016 as base. ( rann unt and percentage are deonase show the nunoo s as Mgawe, e.g. 55 000,-20% or (55,00OL (209t). 8Ned percentages to 1 decima, mace, e.g. 12.1*/ sin milions) 2017 01(Dscrasse) Change Cumont Ason 59,500 8,880 1.950 1.830 1,3D 040 Liabiltias and Secikholdare ity $2,200 3,300 ang torrs lablts 8,530 7,70 $12,060 $12,350 (b) Propare a ertical analysia of the babnce sheet data for Marin for 2017 ance Shee Cumont Ason 9,50 POONTs pant, and equipment ne 1,95

Solution

Horizontal Analysis of the Balance Sheet data for MARIN INC

MARIN INC

Condense Balance Sheet May 31

2017

2016

Increase / (Decrease)

Percentage change from 2016

Assets

Current Assets

9,500

8,880

620

7%

Property, Plant and Equipment

1,950

1,830

120

6.6%

Other Assets

1,530

1,640

(110)

(6.70%)

Total Assets

12,980

12,350

630

5.1%

Liabilities and Stockholders Equity

Current Liabilities

3,200

3,300

(100)

(3%)

Long term Liabilities

1,250

1,270

(20)

(1.6%)

Stockholders Equity

8,530

7,780

750

9.6%

Total Liabilities and Stockholders Equity

12,980

12,350

630

5.1%

(2)Vertical Analysis of the Balance Sheet data for MARIN INC

MARIN INC

Condense Balance Sheet May 31

$ ( In Millions)

Percent

Assets

Current Assets

9,500

73.2%

Property, Plant and Equipment

1,950

15%

Other Assets

1,530

11.8%

Total Assets

12,980

100%

Liabilities and Stockholders Equity

Current Liabilities

3,200

24.7%

Long term Liabilities

1,250

9.6%

Stockholders Equity

8,530

65.7%

Total Liabilities and Stockholders Equity

12,980

100%

MARIN INC
Condense Balance Sheet May 31
	2017	2016	Increase / (Decrease)	Percentage change from 2016
Assets
Current Assets	9,500	8,880	620	7%
Property, Plant and Equipment	1,950	1,830	120	6.6%
Other Assets	1,530	1,640	(110)	(6.70%)
Total Assets	12,980	12,350	630	5.1%
Liabilities and Stockholders Equity
Current Liabilities	3,200	3,300	(100)	(3%)
Long term Liabilities	1,250	1,270	(20)	(1.6%)
Stockholders Equity	8,530	7,780	750	9.6%
Total Liabilities and Stockholders Equity	12,980	12,350	630	5.1%