| Horizontal Analysis of Comparitive Balance Sheets | ||||||||||
| For Periods Ended | Important Formulas | |||||||||
| Description | Period 2 | Period 1 | Horizontal Variance | |||||||
| Amount | Amount | Amount | Percentage | Variance Formula | ||||||
| Assets | Current Year Amount - Past Year Amount | |||||||||
| Cash | 65.00 | 50.00 | 15.00 | 30.0% | ||||||
| Securities | - | 0.0% | ||||||||
| Accounts Receivable - AR | 140.00 | 120.00 | 20.00 | 16.7% | Percentage Formula | |||||
| Notes Receivable | - | 0.0% | Variance / Last year Amount | |||||||
| Stock/Inventory | 90.00 | 80.00 | 10.00 | 12.5% | ||||||
| Prepaid Expenses | - | 0.0% | ||||||||
| Current Assets | 295.00 | 250.00 | 45.00 | 18.0% | ||||||
| Fixed Assets (Property, Plant, Equipment | 280.00 | 250.00 | 30.00 | 12.0% | ||||||
| Total Assets | 575.00 | 500.00 | 75.00 | 15.0% | ||||||
| Liabilities and Stockholder's Equity | ||||||||||
| Liabilities | ||||||||||
| Accounts Payable - AP | 80.00 | 70.00 | 10.00 | 14.3% | ||||||
| Accrued Liabilities | - | 0.0% | ||||||||
| Short -term borrowings | 35.00 | 30.00 | 5.00 | 16.7% | ||||||
| Taxes | - | 0.0% | ||||||||
| Current Liabilities | 115.00 | 100.00 | 15.00 | 15.0% | ||||||
| Loans | 160.00 | 150.00 | 10.00 | 6.7% | ||||||
| Other long terms debt | 0.0% | |||||||||
| Total Liabilities | 275.00 | 250.00 | 25.00 | 10.0% | ||||||
| Stockholder's Equity | ||||||||||
| Common Stock | 100.00 | 100.00 | - | 0.0% | ||||||
| Paid In Capital | - | 0.0% | ||||||||
| Retained Earnings | 200.00 | 150.00 | 50.00 | 33.3% | ||||||
| Total Stockholder's Equity | 300.00 | 250.00 | 50.00 | 20.0% | ||||||
| Total Liabilities and Stockholder's Equity | 575.00 | 500.00 | 75.00 | 15.0% | ||||||