Answer to Question #246853 in Accounting for Another you

Question

A. Perform Horizontal SFP analysis for 2020 using 2019 as base year. The aggregated Financial Statement of CocoMelon Company is presented below:

1. What is the Peso Change and % Change of Current Assets if in 2020 there is 250,000 and in 2019 there is 200,000?

2. What is the Peso Change and % Change of Property, Plant and Equipment if in 2020 there is 792,000 and in 2019 there is 660,000?

3. What is the Peso Change and % Change of Current Liabilities if in 2020 there is182,000 and in 2019 there is 140,000?

4. What is the Peso Change and % Change of Long-term Debts if in 2020 there is 266,000 and in 2019 there is 190,000?

5. What is the Peso Change and % Change of Owner's Capital if in 2020 there is 594,000 and in 2019 there is 530,000?

Answer 1

Solution:

The horizontal SFP analysis for CocoMelon is as follows: