left column is for 2012 and right
column is for 2013
Assets
2012 2013
Cash...
left column is for 2012 and right
column is for 2013
Assets
2012 2013
Cash
..................................................................................................
$ 20,000 $ 60,000
Accounts receivable (net)
................................................................. 30,000 50,000
Inventory
........................................................................................... 20,000 30,000
Property, plant and equipment (net)
................................................. 170,000
220,000
Total assets
................................................................................. $240,000
$360,000
Liabilities
Current liabilities
..............................................................................
$ 40,000 $ 60,000
Long-term liabilities
......................................................................... 70,000
100,000
Owners’ Equity
Common Stock
.................................................................................
100,000 120,000
Retained Earnings
............................................................................. 30,000
80,000
Total liabilities and owners’
equity
............................................ $240,000
$360,000
Net sales
............................................................................................ $500,000
Cost of goods sold
............................................................................ 280,000
Gross profit...
shares in Millions, $ in Millions
2018
2017
2016
Income Statement
Net Sales
$108,203
$100,904
$94,595...
shares in Millions, $ in Millions
2018
2017
2016
Income Statement
Net Sales
$108,203
$100,904
$94,595
Cost of sales
71,043
66,548
62,282
Gross profit
37,160
34,356
32,313
Operating expenses:
Selling, general and administrative
19,513
17,864
17,132
Depreciation and amortization
1,870
1,811
1,754
Impairment loss
247
0
0
Total operating expenses
21,630
19,675
18,886
Operating income
15,530
14,681
13,427
Interest and other (income) expense:
Interest and investment income
-93
-74
-36
Interest expense
1,051
1,057
972
Other
16
0
0
Interest...
Use Income statement shown below and calculate : Current Market
cap, PE ratio, Earnings per share,...
Use Income statement shown below and calculate : Current Market
cap, PE ratio, Earnings per share, Dividend yield ,PEG ratio and
PEGY ratio
Total Revenue
25,878,372
Cost of Revenue
18,521,400
Gross Profit
7,356,972
Operating Expenses
Research Development
-
Selling General and Administrative
4,250,446
Non Recurring
-
Others
-
Total Operating Expenses
-
Operating Income or Loss
3,106,526
Income from Continuing Operations
Total Other Income/Expenses Net
-
Earnings Before Interest And Taxes
3,106,526
Interest Expense
29,175
Income Before Tax
3,077,351
Income...
Romney's Marketing Company has the following adjusted trial
balance at the end of the current year....
Romney's Marketing Company has the following adjusted trial
balance at the end of the current year. No dividends were declared.
However, 570 shares ($0.10 par value per share) issued at the end
of the year for $3,000 are included below:
Debit
Credit
Cash
$
1,680
Accounts receivable
2,230
Interest receivable
220
Prepaid insurance
1,720
Notes receivable (long-term)
2,890
Equipment
15,200
Accumulated depreciation
$
2,920
Accounts payable
2,260
Accrued expenses payable
3,830
Income taxes payable
2,540
Unearned rent revenue
390
Common...
Using the following information from an annual report, prepare a
Comparative (horizontal) analysis of the consolidated...
Using the following information from an annual report, prepare a
Comparative (horizontal) analysis of the consolidated statements of
earnings. (Round percentage answers to one decimal place.) 3 pts
(In millions except per share data) June 30, 2010 June 30, 2009 Net
sales $12,862 $11,170 Cost of sales 8,321 8,191 Gross margin $
4,541 $ 2,979 Operating expenses: Selling expenses General and
Administrative expenses $2,043 978 $2,000 955 Total operating
expenses $ 3,021 $ 2,955 Income (loss) from operations $ 1,520...
Please prepare a balance sheet with the information below.
Retained
Earnings
Retained Earnings
14,544
Net...
Please prepare a balance sheet with the information below.
Retained
Earnings
Retained Earnings
14,544
Net Income
10,777
Dividends Distributed
(6,577)
Retained Earnings Ending
Balance
18,744
Income
Statement
Sales
56,875
Cost of Goods Sold
32,733
Gross Profit
24,142
Operating and Admin Expenses
Salaries Expense
3,255
Depreciation Expense: Equipment
322
Depreciation Expense: Building
460
Bad Debt Expense
896
Insurance Expense
1,100
Other Expenses
956
Operating and Admin Expenses
...
Current Attempt in Progress
Presented below is information related to 2020 for Ivanhoe
Company.
Retained earnings,...
Current Attempt in Progress
Presented below is information related to 2020 for Ivanhoe
Company.
Retained earnings, December 31, 2019
$649,000
Sales revenue
1,513,000
Selling and administrative expenses
231,000
Discontinued operations loss (pre-tax)
283,000
Cash dividends declared on common stock
33,600
Cost of goods sold
853,000
Gain discovered in 2020, from error on depreciation charge in
2018 (pre-tax)
514,000
Other revenue
116,000
Other expenses
110,000
Prepare in good form a multiple-step income statement for the year
2020. Assume a 30% tax...
Directions: Ratio Calculation, use formulas to calculate the
following financial indicators for each year of data:...
Directions: Ratio Calculation, use formulas to calculate the
following financial indicators for each year of data:
o Current ratio
o Debt/equity ratio
o Free cash flow
o Earnings per share
o Price/earnings ratio
o Return on equity
o Net profit margin
o Describe how and why each of the ratios has changed over the
three-year period. For example, did the current ratio increase or
decrease? Why? Describe how three of the ratios you calculated for
your company compare to the...
(Evaluating profitability) Last year, Stevens Inc. had sales
of $396,000, with a cost of goods sold...
(Evaluating profitability) Last year, Stevens Inc. had sales
of $396,000, with a cost of goods sold of 115,000.
The firm's operating expenses were $126,000, and its increase
in retained earnings was $50,000.
There are currently 21,000 common stock shares outstanding and
the firm pays a$1.56 dividend per share.
a. Assuming the firm's earnings are taxed at 34 percent,
construct the firm's income statement.
b. Compute the firm's operating profit margin.
c. What was the times interest earned?
a. Assuming the...
Refine Assumptions for Dividend and Retained Earnings
Forecast
Following are the income statement and balance sheet...
Refine Assumptions for Dividend and Retained Earnings
Forecast
Following are the income statement and balance sheet for Medtronic
PLC.
Consolidated Statement of Income ($ millions)
For Fiscal Year Ended
April 26, 2019
Net sales
$30,557
Costs and expenses
Cost of products sold
9,155
Research and development expenses
2,330
Selling, general, and administrative expense
10,418
Amortization of intangible assets
1,764
Restructuring charges, net
198
Certain litigation charges, net
166
Other operating expense, net
258
Operating profit (loss)
6,268
Other nonoperating income,...