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What were total current assets for the two most recent years? 2015 -$63,278 2016- $60,239

What were total current liabilities for the two most recent years? 2015-$65,253 2016-$64,619

What was total assets? 2015-$203,490 2016-$199,581

What was total equity (deficit) for the two most recent years? Please include non-controlling interests if your company lists this item. You'll know you have the correct Total Equity number if you can enter it in the accounting equation and make it balance: Total Assets = Total Liabilities + Total Equity. 2015-$85,937 2016-$83,611

Calculate Working Capital (Current Assets - Current Liabilities = Working Capital) for the two most recent years. 2015--1,975 2016-$-4,380

What was the amount of treasury stock (in dollars) reported on the balance sheet for the two most recent years? If this isn't reported on the balance sheet, this item is often listed on the statement of equity under the retained earnings or totals column (depending on how your company presents the info). It may be calledCommon Stock Repurchased, Repurchased Stock, or something similar. 2015- $ 980 2016-$ 4,256 the amount of Retained Earnings for the two most recent years? Sometimes this is called Reinvested Earnings or something similar.

2015-$ 85,777 2016-$90,021

Using Horizontal Analysis (show your calculations), present the percentage increase/decrease between the two most current years for the following items:

Net sales or Total revenue if your company has more than one source of revenue. Use the amounts (corrected) you identified in your week 2 post.

Cost of goods sold. Use the amounts (corrected) you identified in your week 2 post.

Gross profit (recall this is Sales - Cost of goods sold)

Selling, general, and administrative expenses (It may not be named with this exact title, but your company should have an account similar to this.)

Net income available to common shareholders (aka Net earnings). Remember from week 2, that this will be the very last Net income amount before the Earnings per Share (EPS) section starts. In other words, use the amounts (corrected if necessary) you identified in your week 2 post.

Note that you've already identified most all of these numbers in your week 2 discussion post, so refer to that post if necessary. If you needed to make corrections to your week 2 post, you should make those corrections and use the corrected numbers. It wouldn't make any sense to use incorrect numbers, right?

Your company may use a slightly different title for Selling, marketing and administrative expenses, but it should be similar and relatively easy to identify. For instance, it could be separated into two accounts called Selling expenses and Marketing expenses. If this is the case, then you'd need to add the two together. Or your company could call it Selling, general, and administrative expenses. If you're not sure how to identify the correct amount, you should post a question to this week's homework forum.

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