At the End of This Year the Full Glass Company

question 11

Multiple Choice

At the end of this year the Full Glass Company has cash of $100,000, accounts receivable of $200,000, inventory of $300,000 and total assets of $1,000,000. The corresponding figures at the end of last year were $65,000, $140,000, $225,000, and $730,000 respectively. What is the percentage change in inventory?

• A) 25% by horizontal analysis
• B) 43% by vertical analysis
• C) 25% by vertical analysis
• D) 33% horizontal analysis
• E) 33% by vertical analysis

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Definitions:

Due Date

A Due Date is the specific day by which a task, obligation, or payment is required to be completed or submitted.

Time Factor

An element affecting the valuation of financial instruments or transactions, often related to the duration until maturity or the timing of cash flows.

Calculating Interest

The process of determining the interest payment on a loan or investment based on the principal, rate, and time.

Trade Receivables

amounts owed to a business by its customers for goods or services sold on credit.