1. Accounting Practices For A Campground
... as return on equity. (Net Income divided by the equity) Vertical Analysis reveals that a large percentage of the total assets are in the buildings and properties (2000-91.4%, 1999-88.5%). This would not be out of the ordinary for many campgrounds as they rely heavily on the fixed assets to ... ,919.00 $305,895.00 50.83% 52.19% 54.95% Net Income $288,202.00 $283,466.00 49.17% 48.36% Horizontal Analysis Horizontal Analysis helps the owner, accountant, and banker to see how well financially the campground performed over a given time frame. The above Income Statement shows years 1998 and ... ...
- Word Count: 1858
- Approx Pages: 7
- Has Bibliography
- Grade Level: High School