Provide a vertical analysis of the following: C&F Store
Statement of Financial Position
As of December 31
2014 2013
Cash 110,000 87,400
Accounts Receivable 90,000 69,920
Inventory 129,000 218,500
Prepaid Rent 12,000 4,370
Delivery Van 550,000 493,810
Total Assets 891,000 874,000
Accounts Payable 75,000 67,298
Loan Payable 400,000 393,300
Anistle Cruz, Capital 416,000 413,402
Total Liabilities and Equity 891,000 874,000
C&F Store
Statement of Comprehensive Income
For the period ending December 31
2014 2015
Sales 810,000.00 686,000.00
Cost of Goods Sold 348,300.00 301,750.00
Gross Profit 461,700.00 384,250.00
Operating Expenses 234,900.00 205,800.00
Interest Expense 40,500.00 17,150.00
Net Income 186,300.00 161,300.00