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Data for Dumouchelle,Inc Liabilities Stockholders' Equity Prepare a Horizontal Analysis of the Comparative Balance Sheet of Dumouchelle

question 45

Essay

Data for Dumouchelle,Inc.follow:
$Data for Dumouchelle,Inc.follow: Assets Current Assets: \begin{array}{c} \text { Dumouchelle, Inc.}\\ \text { Comparative Balance Sheet}\\ \text { December 31,2017 and 2016}\\ \begin{array}{lll} &2017&2016\\ \text { Cash } & \$ 12,000 & \$ 10,200 \\ \text { Accounts Receivable, Net } & 16,100 & 16,800 \\ \text { Merchandise Inventory } & 45,000 & 31,000 \\ \text { Prepaid Expenses } & \underline{6,500} & \underline{3,900} \\ \text { Total Current Assets } & 79,600 & 61,900 \\ \text { Property, Plant, and Equipment, Net } & \underline{265,000} & \underline{233,000} \\ \text { Total Assets } & \underline{\$ 44,600} & \underline{\$ 294,900} \end{array}\end{array} Liabilities \begin{array} { l l l } \text { Total Curent Liabilities } & \$ 9,900 & \$ 11,200 \\ \text { Long-term Liabilities } & \underline { 60,000 } & \underline { 50,000} \\ \text { Total Liabilities } & \underline { 69,900 } & \underline { 6 1 , 2 0 0 } \end{array} Stockholders' Equity \begin{array} { l l l } \text { Preferred Stock, 3\%, } \$ 50 \text { par } & 75,000 & 75,000 \\ \text { Common Stockholders' Equity, no par } & \underline { 199,700 } & \ \underline { 1 5 8, 700} \\ \text { Total Liabilities and Stockholders' Equity } & \underline { \$ 344,600} & \underline { \$ 294,900} \end{array} Prepare a horizontal analysis of the comparative balance sheet of Dumouchelle,Inc.(Round to one decimal place. )$ Assets
Current Assets:
$\begin{array}{c}\text { Dumouchelle, Inc.}\\\text { Comparative Balance Sheet}\\\text { December 31,2017 and 2016}\\\begin{array}{lll}&2017&2016\\\text { Cash } & \$ 12,000 & \$ 10,200 \\\text { Accounts Receivable, Net } & 16,100 & 16,800 \\\text { Merchandise Inventory } & 45,000 & 31,000 \\\text { Prepaid Expenses } & \underline{6,500} & \underline{3,900} \\\text { Total Current Assets } & 79,600 & 61,900 \\\text { Property, Plant, and Equipment, Net } & \underline{265,000} & \underline{233,000} \\\text { Total Assets } & \underline{\$ 44,600} & \underline{\$ 294,900}\end{array}\end{array}$
Liabilities
$\begin{array} { l l l } \text { Total Curent Liabilities } & \$ 9,900 & \$ 11,200 \\\text { Long-term Liabilities } & \underline { 60,000 } & \underline { 50,000} \\\text { Total Liabilities } & \underline { 69,900 } & \underline { 6 1 , 2 0 0 }\end{array}$ Stockholders' Equity
$\begin{array} { l l l } \text { Preferred Stock, 3\%, } \$ 50 \text { par } & 75,000 & 75,000 \\\text { Common Stockholders' Equity, no par } & \underline { 199,700 } & \ \underline { 1 5 8, 700} \\\text { Total Liabilities and Stockholders' Equity } & \underline { \$ 344,600} & \underline { \$ 294,900}\end{array}$ Prepare a horizontal analysis of the comparative balance sheet of Dumouchelle,Inc.(Round to one decimal place. )

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Jean-Paul Sartre

A 20th-century French existentialist philosopher, playwright, novelist, political activist, biographer, and literary critic, known for his works on existentialism and phenomenology.

Kant

Immanuel Kant, an 18th-century German philosopher whose work in epistemology, ethics, and aesthetics had a profound influence on modern thought.

Deterministic Way

An approach that holds all events, including human actions, are ultimately determined by causes external to the will, implying a lack of free will.

Freely Choose

The ability to make choices without external coercion or limitations, emphasizing the concept of free will.