Data for Gobell,Inc $\text {Gobell, Inc.}$ $\text {Comparative Balance Sheet}$ $\text {December 31,2019 and 2018}$

question 60

Essay

Data for Gobell,Inc.follow:
Assets
Current Assets:
$\text {Gobell, Inc.}$
$\text {Comparative Balance Sheet}$
$\text {December 31,2019 and 2018}$
$\begin{array} { l l l } &2019&2018\\\text { Cash } & \$ 121,000 & \$ 100,000 \\\text { Accounts Receivables, Net } & 117,000 & 125,000 \\\text { Merchandise Inventory } & 70,000 & \$ 5,000 \\\text { Total Assets } & \$ 30 \mathrm {~B} , 000 & \$ 310,000\end{array}$ Liabilities
$$\begin{array} { l l l } \text { Total Current Liabilities } & \$ 63,500 & \$ 50,000 \\\text { Long-term Liabilities } & \underline { 100,000 } & \underline { 100,000 } \\\text { Total Liabilities } & \underline { 163,500 } & \underline { 150,000 }\end{array}$$ Stockholders' Equity
$\begin{array}{lll}\text { Preferred Stock } & 94,500 & 110,000 \\\text { Common Stockholders' Equity } & \underline{50,000} & \underline{50,000} \\\text { Total Liabilities and Stockholders' Equity } & \underline{\$ 308,000} & \underline{\$ 310,000}\end{array}$
Prepare a horizontal analysis of the comparative balance sheet of Gobell,Inc.(Round to one decimal place.)

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Definitions:

WACC

The Weighted Average Cost of Capital, a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

WACC

The Weighted Average Cost of Capital is the average rate of return a company is expected to pay its shareholders for using their capital.

Unsuitable Projects

Projects that are not appropriate or ideal for meeting the strategic, operational, or financial goals of an organization.

Yield-to-Maturity

The total return anticipated on a bond if it is held until it matures, accounting for interest payments and repayment of capital.