Who owes money to your company in the notes to the


Assignment

Conduct a vertical analysis on

1) Any two items on the Income Statement. Your base would be your Total Revenues. Exact names may vary from company to company. State the name of your base account. Your base account which i s100% cannot be one of the two items you are required to conduct an analysis. Briefly comment on your results.

2) Any two items on the Balance Sheet. Your base is either your Total Assets OR your Total Liabilities & Stockholders'' Equity combined. Remember the equation: Assets=Liabilities + Stockholders' Equity. Briefly comment on your results.

3) SEC 10-K posting: search for the word Receivable in your SEC 10-K. Who owes money to your company? In the notes to the financial statements you will often see information on the concept of an allowance for uncollectible accounts. Post your comments on information relating to accounts receivable for your company.

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Accounting Basics: Who owes money to your company in the notes to the
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