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| Happy Days, Inc. | |||||
| Balance Sheet | Horizontal Analysis | ||||
| USD | USD | Increase or (Decrease) 2019 over 2018 | |||
| Assets | 2019 | 2018 | Dollars | Percent | Answer a |
| Total Current Assets | 266,000.00 | 190,000.00 | 76,000.00 | 40.0% | I find changes in Current Assets interesting. It may be because the company did lot of cash transactions or was unable to cover from accounts receivable in time. |
| Property, plant, and equipment | 428,000.00 | 405,000.00 | 23,000.00 | 5.7% | |
| Intangible assets | 24,000.00 | 31,000.00 | (7,000.00) | -22.6% | |
| Total Assets | 718,000.00 | 626,000.00 | 92,000.00 | 14.7% | |
| Liabilities | |||||
| Total Current Liabilities | 81,000.00 | 85,000.00 | (4,000.00) | -4.7% | |
| Long-term liabilities | 240,000.00 | 278,000.00 | (38,000.00) | -13.7% | |
| Total Liabilities | 321,000.00 | 363,000.00 | (42,000.00) | -11.6% | |
| Stockholder's Equity | |||||
| Common Stock | 276,000.00 | 210,000.00 | 66,000.00 | 31.4% | |
| Retained Earnings | 121,000.00 | 53,000.00 | 68,000.00 | 128.3% | I find changes in Retained Earnings interesting. It may be because the company made lot of sales or tried to reduce its expenses. |
| Total Stockholder's Equity | 397,000.00 | 263,000.00 | 134,000.00 | 51.0% | |
| Total Liabilities and Equity | 718,000.00 | 626,000.00 | 92,000.00 | 14.7% | |
| Vertical Analysis | |||||
| Assets | 2019 | ||||
| Total Current Assets | 266,000.00 | ||||
| Total Assets | 718,000.00 | ||||
| Current Assets % | 37.0% | ||||
| In 2019 Current Assets are 37% of Total Assets. |
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