Prepare a analysis income statement for Dollop Inc You are given an income statement for Dollop, INC for the years 2009, 2008, 2007. You are asked to complete a common size income statement. Complete the calculation for horizontal analysis for the year to year column. by calculating the percentage of change from year to year. Second perform a vertical analysis for percentage of sales by calculating total sales..
2009 | 2008 | 2007 | ||||||
Year to year | Sales % | Year to year | sales % | sales % | ||||
1,000,000 | 700,000 | 600,000 | ||||||
710,000 | 500,000 | 430,000 | ||||||
290,000 | 200,000 | 170,000 | ||||||
240,000 | 160,000 | 120,000 | ||||||
50,000 | 40,000 | 50,000 | ||||||
22,000 | 22,000 | 22000 | ||||||
28,000 | 18,000 | 28,000 | ||||||
13,000 | 6,000 | 9000 | ||||||
15,000 | 12,000 | 19,000 |
2009 | 2008 | 2007 | |||||
Year to year | Sales % | Year to year | sales % | sales % | |||
1,000,000 | 42.86% | 100.00% | 700,000 | 16.67% | 100.00% | 600,000 | 100.00% |
710,000 | 42.00% | 71.00% | 500,000 | 16.28% | 71.43% | 430,000 | 71.67% |
290,000 | 45.00% | 29.00% | 200,000 | 17.65% | 28.57% | 170,000 | 28.33% |
240,000 | 50.00% | 24.00% | 160,000 | 33.33% | 22.86% | 120,000 | 20.00% |
50,000 | 25.00% | 5.00% | 40,000 | -20.00% | 5.71% | 50,000 | 8.33% |
22,000 | 0.00% | 2.20% | 22,000 | 0.00% | 3.14% | 22000 | 3.67% |
28,000 | 55.56% | 2.80% | 18,000 | -35.71% | 2.57% | 28,000 | 4.67% |
13,000 | 116.67% | 1.30% | 6,000 | -33.33% | 0.86% | 9000 | 1.50% |
15,000 | 25.00% | 1.50% | 12,000 | -36.84% | 1.71% | 19,000 | 3.17% |
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