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What is the general trend of the company’s current liabilities? Did you observe any account with significant fluctuations? What could be the reason for this? What is the general trend of the company’s noncurrent liabilities? Did you observe any account with significant fluctuations? What could be the reason for this? What is the general trend of the company’s equity? Did you observe any account with significant fluctuations? What could be the reason for this?

What is the general trend of the company’s current liabilities? Did you observe any account with significant fluctuations? What could be the reason for this? What is the general trend of the company’s noncurrent liabilities? Did you observe any account with significant fluctuations? What could be the reason for this? What is the general trend of the company’s equity? Did you observe any account with significant fluctuations? What could be the reason for this?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  1. What is the general trend of the company’s current liabilities? Did you observe any account with significant fluctuations? What could be the reason for this?
  2. What is the general trend of the company’s noncurrent liabilities? Did you observe any account with significant fluctuations? What could be the reason for this?
  3. What is the general trend of the company’s equity? Did you observe any account with significant fluctuations? What could be the reason for this?
LIABILITIES & EQUITY Accounts Payable -33.26% 17.07% 42.45% Accounts Payable Accrued Expenses Short-Term Borrowings 47.16% 4.74% -33.65% Accrued Expenses 7.55% 22.71% -7.67% 82.35% 13.61% 0.64% Short-Term Borrowings 0.00% 0.00% -100.00% 33.00% -45.77% 84.40% Current Income Taxes Payable -40.85% -20.02% -18.35% Current Portion of Long-Term Debt and Capital Lease -36.22% -42.85% 109.90% Other Current Liabilities, Total 21.84% -59.16% -30.23% Current Income Taxes Payable -77.49% -0.63% 814.18% TOTAL CURRENT LIABILITIES -9.05% 4.51% -17.51% Other Current Liabilities, Total -26.00% -1.17% 101.73% Unearned Revenue, Current 36.00% 11.86% 128.30% Pension & Other Post-Retirement Benefits -9.95% -2.87% 5.36% TOTAL CURRENT LIABILITIES 26.18% -0.68% 32.70% Deferred Tax Liability Non-Current 6.10% -0.30% 19.90% TOTAL NONCURRENT LIABILITIES -3.92% -1.92% 10.31 Long-Term Debt Capital Lease Liability Pension & Other Post-Retirement Benefits 8.10% 11.54% 58.14% -54.51% -56.74% -28.39% TOTAL LIABILITIES -8.23% 3.42% -13.84% -20.86% -0.21% 97.68% Deferred Tax Liability Non-Current -13.70% -18.91% 63259900.00% Common Stock 0.00% 0.00% 0.00% -12.07% 54.93% 1792.51% Additional Paid in Capital Retained Earnings Other Non-Current Liabilities 0.00% 0.45% 3.70% TOTAL NONCURRENT LIABILITIES 3.21% 8.86% 75.06% -15.95% 44.20% 84.14% Treasury Stock Other Comprehensive Inoome 0.00% 0.00% 37.68% TOTAL LIABILITIES 13.64% 4.31% 51.93% -0.01% 0.04% 1.45% TOTAL EQUITY -5.34% 11.53% 14.25% Common Stock Additional Paid in Capital Retained Earnings Other Comprehensive Income Equity attributable to equity holders of Parent Noncontrolling Interest TOTAL EQUITY 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% TOTAL LIABILITIES AND EQUITY -5.94% 9.77% 6.68% 15.28% 7.19% 5.53% 129.32% 8.48% -6. 19% 9.64% 6.42% 5.43% 43.17% 55.22% 45.97% 9.86% 6.64% 5.56% TOTAL LIABILITIES AND EQUITY 11.89% 5.38% 26.46%
Transcribed Image Text:LIABILITIES & EQUITY Accounts Payable -33.26% 17.07% 42.45% Accounts Payable Accrued Expenses Short-Term Borrowings 47.16% 4.74% -33.65% Accrued Expenses 7.55% 22.71% -7.67% 82.35% 13.61% 0.64% Short-Term Borrowings 0.00% 0.00% -100.00% 33.00% -45.77% 84.40% Current Income Taxes Payable -40.85% -20.02% -18.35% Current Portion of Long-Term Debt and Capital Lease -36.22% -42.85% 109.90% Other Current Liabilities, Total 21.84% -59.16% -30.23% Current Income Taxes Payable -77.49% -0.63% 814.18% TOTAL CURRENT LIABILITIES -9.05% 4.51% -17.51% Other Current Liabilities, Total -26.00% -1.17% 101.73% Unearned Revenue, Current 36.00% 11.86% 128.30% Pension & Other Post-Retirement Benefits -9.95% -2.87% 5.36% TOTAL CURRENT LIABILITIES 26.18% -0.68% 32.70% Deferred Tax Liability Non-Current 6.10% -0.30% 19.90% TOTAL NONCURRENT LIABILITIES -3.92% -1.92% 10.31 Long-Term Debt Capital Lease Liability Pension & Other Post-Retirement Benefits 8.10% 11.54% 58.14% -54.51% -56.74% -28.39% TOTAL LIABILITIES -8.23% 3.42% -13.84% -20.86% -0.21% 97.68% Deferred Tax Liability Non-Current -13.70% -18.91% 63259900.00% Common Stock 0.00% 0.00% 0.00% -12.07% 54.93% 1792.51% Additional Paid in Capital Retained Earnings Other Non-Current Liabilities 0.00% 0.45% 3.70% TOTAL NONCURRENT LIABILITIES 3.21% 8.86% 75.06% -15.95% 44.20% 84.14% Treasury Stock Other Comprehensive Inoome 0.00% 0.00% 37.68% TOTAL LIABILITIES 13.64% 4.31% 51.93% -0.01% 0.04% 1.45% TOTAL EQUITY -5.34% 11.53% 14.25% Common Stock Additional Paid in Capital Retained Earnings Other Comprehensive Income Equity attributable to equity holders of Parent Noncontrolling Interest TOTAL EQUITY 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% TOTAL LIABILITIES AND EQUITY -5.94% 9.77% 6.68% 15.28% 7.19% 5.53% 129.32% 8.48% -6. 19% 9.64% 6.42% 5.43% 43.17% 55.22% 45.97% 9.86% 6.64% 5.56% TOTAL LIABILITIES AND EQUITY 11.89% 5.38% 26.46%
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