The Balance Sheet Data of Randolph Company for Two Recent

question 80

Essay

The balance sheet data of Randolph Company for two recent years appears below:
$\begin{array}{|l|r|r|}\hline \text { Assets: } & \text { Year 2 } & \text { Year } 1 \\\hline \text { Current assets } & \$ 440 & \$ 280 \\\hline \text { Plant assets } & {675}&{520} \\\hline \text { Total assets } & \$ 1,115 & \$ 800 \\\hline\\\hline\text { Liablities and stockholders' equity: }\\\hline \text { Current liabilities } & \$ 280 & \$ 120 \\\hline \text { Long-term debt } & 250 & 160 \\\hline \text { Common stock } & 325 & 320 \\\hline \text { Retained earnings } & 260 & 200 \\\hline \text { Total liabilities and stockholders' equity } & \$ 1,115 & \$ 800 \\\hline\end{array}$
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.

Analyze investment ratios such as the dividend payout ratio and the dividend yield ratio.

Understand the concept and applications of mobile computing and commerce.

Differentiate between various mobile technologies and their capabilities.

Identify the characteristics and advantages of mobile systems like GPS and IoT.

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Definitions:

Perceptual Constancy

Perceptual constancy refers to the psychological phenomenon whereby people perceive objects as maintaining stable properties (size, brightness, color) despite changes in perspective, distance, or lighting.

Monocular Cues

Visual information that allows for the perception of depth and three-dimensional space using one eye.

Binocular Cues

Depth cues, such as retinal disparity, that depend on the use of two eyes.

Retinal Disparity

A binocular cue for perceiving depth based on the differences between the visual images that each eye perceives.