Question

In: Finance

All the info is provided in the link provided on the bottom of this desciption. Use...

All the info is provided in the link provided on the bottom of this desciption. Use the Consolidated Statement of Income on page 85 of the link below is the 10k report for eTrade Financial Corporation.

https://www.sec.gov/Archives/edgar/data/1015780/000101578017000030/etfc-20161231x10k.htm#sC725D2ED94A85BF0912C52C3FE195E9B



Questiona: Create a spreadsheet in a common size income statement format for the most recent year and the year before. Create a % of sales for each item next to the amounts that are given on the 10k income statement.  Show on your spreadsheet the accounting equation for the two years. Please tell me how you calculate the % of sales.

Solutions

Expert Solution

For calculating the % of sales in common size, sales is divided by sales and is always 100%, all the other revenues and expenses are calculated as the % of sales.


Related Solutions

1. You can use my link provided, or you are free to choose another credible link...
1. You can use my link provided, or you are free to choose another credible link for another industry. On the site https://netmarketshare.com/search-engine-market-share.aspx?options=%7B%22filter%22%3A%7B%22%24and%22%3A%5B%7B%22deviceType%22%3A%7B%22%24in%22%3A%5B%22Desktop%2Flaptop%22%5D%7D%7D%5D%7D%2C%22dateLabel%22%3A%22Trend%22%2C%22attributes%22%3A%22share%22%2C%22group%22%3A%22searchEngine%22%2C%22sort%22%3A%7B%22share%22%3A-1%7D%2C%22id%22%3A%22searchEnginesDesktop%22%2C%22dateInterval%22%3A%22Monthly%22%2C%22dateStart%22%3A%222017-02%22%2C%22dateEnd%22%3A%222018-01%22%2C%22segments%22%3A%22-1000%22%7D we see market share data for Search engines. If you use another source of market share data please include the citation in the form of a url. a. Would you describe this market as competitive, monopolistic, or oligopolistic. Fully explain why. b. Calculate the 4 firm concentration ratio and the HHI. For the HHI assume the entire...
*all info is provided Consider a small town that has a population of dedicated pizza eaters...
*all info is provided Consider a small town that has a population of dedicated pizza eaters but is able to accommodate only two pizza shops, Donna’s Deep Dish and Pierce’s Pizza Pies. Each seller has to choose a price for its pizza, but for simplicity, assume that only two prices are available: high and low. If a high price is set, the sellers can achieve a profit margin of $12 per pie; the low price yields a profit margin of...
Show the output of the following code. Assume the node is in the usual info-link form...
Show the output of the following code. Assume the node is in the usual info-link form with info of the type int. Also, list and ptr are reference variables of the type Node. list = new Node( ); list.info = 88; ptr = new Node( ); ptr.info = 41; ptr.link = null; list.link = ptr; ptr = new Node( ); ptr.info = 99; ptr.link = list; list = ptr; ptr = new Node( ); ptr.info = 19; ptr.link = list.link;...
Consider the information provided in the following table. Using the additional information provided at the bottom,...
Consider the information provided in the following table. Using the additional information provided at the bottom, calculate the value of the firm using FCFF method.                                                           [15] Year 2019 2020 2021 2022 2023 2024 2025 Total Assets 10000 Fixed Assets 8000 Current assets 2000 Debt 4000 Equity 5000 Current liabilities 1000 Sales 15000 Operating expenses 12000 EBIT 3000 Int 400 PBT 2600 Tax(25%) 650 PAT 1950 For first five years, growth rate is sales in 5% and from sixth year...
Please use the link to the case study to answer the questions bellow. use the link...
Please use the link to the case study to answer the questions bellow. use the link to the case study please. this is due today. https://books.google.com/books?id=bzb3BQAAQBAJ&pg=PA198&lpg=PA198&dq=case:+cursory+exams+are+risky&source=bl&ots=W2jLZ9niMa&sig=uYHeQOv-uuQ7ISm0YAdp7JcURBc&hl=en&sa=X&ved=0ahUKEwjkhaPf7ZLZAhUl8IMKHfHnCN8Q6AEIMDAB#v=onepage&q=case%3A%20cursory%20exams%20are%20risky&f=false Case: Cursory Exams are Risky Questions The many lessons for discussion in Niles v. City of San Rafael include the following; 1.An organization can improve the quality of patient care rendered in the facility by establishing and adhering to policies, procedures and protocols that facilitate the delivery of high-quality care across all disciplines. 2....
A company manufactures jackets and provided you with the following production info for the period: Beginning...
A company manufactures jackets and provided you with the following production info for the period: Beginning balance finished goods............ $120,000 Beginning balance work-in-process.......... $35,000 Beginning balance in raw materials.......... $18 Ending balance in finished goods............. $105,000 Ending balance work-in process............... $37,500 Ending balance raw materials................... $128 Cost of goods manufactured..................... $ 147,500 Manufacturing costs................................... $150,000 Manufacturing overhead............................ $25,000 Direct labor................................................ $55,000 A. How much raw material was used during the period? B. What was the gross margin at the end...
Here is all of the info for these questions. Please do not answer these questions if...
Here is all of the info for these questions. Please do not answer these questions if you do not know what you are doing I have gotten a lot of wrong answers and have burned a lot of my questions on false answers. This is for a managerial accounting class. Thank you for your help. Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is...
Need to read the article from the link I provided and need to come up with...
Need to read the article from the link I provided and need to come up with a 2-3 page summary and critique and providing real life examples. https://motherboard.vice.com/en_us/article/qkv5a3/apocalypse-neuro-why-our-brain-cant-process-the-planets-gravest-threats or https://www.islamicboard.com/general/134342488-apocalypse-neuro-brains-dont-process-gravest-threats-humanity.html
class LLNode<T> { public T info; public LLNode<T> link; public LLNode(T i, LLNode<T> l) { //...
class LLNode<T> { public T info; public LLNode<T> link; public LLNode(T i, LLNode<T> l) { // constructor info=i; link=l; } } class CircularLinkedQueue<T> { private LLNode<T> rear = null; // rear pointer public boolean isEmpty() { /*checks if the queue is empty */ } public int size() { /* returns the number of elements in the queue */ } public void enQueue(T element) { /* enqueue a new element */ } public T deQueue() { /* dequeue the front element...
Complete the partial balance sheet on the bottom. Show all formulas and work. All information is...
Complete the partial balance sheet on the bottom. Show all formulas and work. All information is provided but may not neccessarily be needed. You have been asked to make some recommendations to a company regarding financing for an upcoming major expansion. The company has been very successful but they will need a major inflow of cash to purchase the fixed assets they need for the expansion and hire additional employees. They believe they will need at least $1,500,000 and have...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT