Please create a horizontal and vertical analysis Jane Doe CORPORATION ...

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Accounting

Please create a horizontal and vertical analysis

Jane Doe CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except per share data)
Sep 30, Oct 1,
2018 2017
ASSETS
Current assets:
Cash and cash equivalents $ 8,756.30 $ 2,462.30
Short-term investments 181.50 228.60
Accounts receivable, net 693.10 870.40
Inventories 1,400.50 1,364.00
Prepaid expenses and other current assets 1,462.80 358.10
Total current assets 12,494.20 5,283.40
Long-term investments 267.70 542.30
Equity and cost investments 334.70 481.60
Property, plant and equipment, net 5,929.10 4,919.50
Deferred income taxes, net 134.70 795.40
Other long-term assets 412.20 362.80
Other intangible assets 1,042.20 441.40
Goodwill 3,541.60 1,539.20
TOTAL ASSETS $ 24,156.40 $ 14,365.60
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 1,179.30 $ 782.50
Accrued liabilities 2,298.40 1,934.50
Insurance reserves 213.70 215.20
Stored value card liability and current portion of
deferred revenue 1,642.90 1,288.50
Current portion of long-term debt 349.90 -
Total current liabilities 5,684.20 4,220.70
Long-term debt 9,090.20 3,932.60
Deferred revenue 6,775.70 4.40
Other long-term liabilities 1,430.50 750.90
Total liabilities 22,980.60 8,908.60
Shareholders' equity:
Common stock ($0.001 par value) - authorized,
2,400.0 shares; issued and outstanding, 1,309.1 and
1,431.6 shares, respectively 1.30 1.40
Additional paid-in capital 41.10 41.10
Retained earnings 1,457.40 5,563.20
Accumulated other comprehensive loss (330.30) (155.60)
Total shareholders' equity 1,169.50 5,450.10
Noncontrolling interests 6.30 6.90
Total equity 1,175.80 5,457.00
TOTAL LIABILITIES AND EQUITY $ 24,156.40 $ 14,365.60

-Did accounts receivable increase? -Did sales increase? Did plant, property, and equipment increase?

-What does this tell you about the company? Did sales increase or decrease? What about cost of sales? If you were going to look further into the company, what would you want to investigate?

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