The Balance Sheet Data of Randolph Company for Two Recent

question 96

Essay

The balance sheet data of Randolph Company for two recent years appears below: $$\begin{array} { | l | l | l | } \hline \text { Assets: } & \text { Year } 2 & \text { Year } 1 \\\hline \text { Current assets } & \$ 440 & \$ 280 \\\hline \text { Plant assets } & 675 & 520 \\\hline \text { Total assets } & \$ 1,115 & \$ 800 \\\hline & & \\\hline \text { Liabilities and stockholders' equity: } & & \\\hline \text { Current liabilities } & \$ 280 & \$ 120 \\\hline \text { Long-term debt } & 250 & 160 \\\hline \text { Common stock } & 325 & 320 \\\hline \text { Retained earnings } & 260 & 200 \\\hline \text { Total liabilities and stockhol ders' equity } & \$ 1,115 & \$ 800 \\\hline\end{array}$$ a) Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year.
b) Using vertical analysis, prepare a comparative balance sheet.
Round percentages to one decimal place.

Understand the importance of nurse-patient communication and the significance of assessing both verbal and non-verbal cues.

Grasp the principles of child development, including patterns and rates of development.

Recognize common fears and appropriate interventions for preschool-aged children.

Assess cognitive development standards in preschoolers.

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Definitions:

Insured

For life insurance, the person whose life is being insured; for other types of insurance, the person who receives the benefit of the insurance.

Semiannual Premiums

Insurance payments made twice a year as part of an insurance policy's terms.

Life Policy

An insurance contract that pays a beneficiary upon the death of the insured, or after a certain period.

Quarterly Premiums

Payments made every three months for insurance policies or other agreements requiring regular fees.