Question
In: Accounting
Comment on the profitability of the company. Support your answer with Ratio Analysis Income Statement -...
Comment on the profitability of the company. Support your answer with Ratio Analysis
Income Statement - Horizontal Analysis:
|
2019 |
2018 |
2017 |
2016 |
2015 |
2014 |
|
|
Retail Sales |
20 877.00 |
19 994.00 |
18 575.00 |
19 038.00 |
17 285.00 |
15 227.00 |
|
Variance |
883.00 |
1 419.00 |
(463.00) |
1 753.00 |
2 058.00 |
- |
|
% |
4% |
8% |
-2% |
10% |
14% |
0% |
|
Profit from Operations |
3 938.00 |
2 732.00 |
3 048.00 |
3 603.00 |
3 076.00 |
2 537.00 |
|
Variance |
1 206.00 |
(316.00) |
(555.00) |
527.00 |
539.00 |
- |
|
% |
44% |
-10% |
-15% |
17% |
21% |
0% |
Solutions
ekkarill92 answered 1 year agoRelated Solutions
(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given...
(Ratio analysis) The balance sheet and income statement for the
A. Thiel Mfg. Company are given in the popup window: Calculate the
following ratios:
a. Current ratio
b. Operating return on assets
c. Times interest earned
d. Debt ratio
e. Inventory turnover
f. Average collection period
g. Total asset turnover
h. Fixed asset turnover
i. Operating profit margin
j. Return on equity
Cash $ 500
Accounts receivable 2,000
Inventories 1,000
Current assets $ 3,500
Net fixed assets 4,500
Total assets ...
What is purpose of each of the financial statement below; support your answer with example Income...
What is purpose of each of the financial statement below;
support your answer with example
Income statement
Returned Earning statement
Balance sheet
Cash flow statement
Calculate the following measurements: working capital, current ratio, profitability rate/percentage, and net income percentage. Comment with...
Calculate the following measurements: working capital,
current ratio, profitability rate/percentage, and net income
percentage. Comment with 2-3 sentences about how your business is
performing after one month of operations.
You opened a new pet supplies store and named it Ozzie’s Pet
Supply and Boarding on December 1, 2019. The following information
about December’s transactions, accounts, and adjustment data is
available.
Transactions:
Dec. 1 Family members contributed $50,000 cash to the business in
exchange for capital.
Dec. 2 Purchased $10,800 of...
Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation follow. Income Statement...
Analysis and Interpretation of Profitability
Balance sheets and income statements for Target Corporation
follow.
Income Statement
For Fiscal Years Ended ($ millions)
2008
2007
2006
Sales
$ 61,471
$ 57,878
$ 51,271
Credit card revenues
1,896
1,612
1,349
Total revenues
63,367
59,490
52,620
Cost of sales
41,895
39,399
34,927
Selling, general and administrative expenses
13,704
12,819
11,185
Credit card expenses
837
707
776
Depreciation and amortization
1,659
1,496
1,409
Earnings before interest and income taxes
5,272
5,069
4,323
Net interest...
Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation follow. Income Statement...
Analysis and Interpretation of Profitability
Balance sheets and income statements for Target Corporation
follow.
Income Statement
For Fiscal Years Ended ($ millions)
2006
2005
2004
Sales
$ 51,271
$ 45,682
$ 40,928
Credit card revenues
1,349
1,157
1,097
Total revenues
52,620
46,839
42,025
Cost of sales
34,927
31,445
28,389
Selling, general and administrative expenses
11,185
9,797
8,657
Credit card expenses
776
737
722
Depreciation and amortization
1,409
1,259
1,098
Earnings before interest and income taxes
4,323
3,601
3,159
Net interest...
Comment on every ratio according to your perception? leverage ratios liquidity ratios profitability ratios operations ratios
Comment on every ratio according to your perception?
leverage ratios
liquidity ratios
profitability ratios
operations ratios
11. Comment on Wynn Memorial's liquidity. Cite at least one meaningful ratio to support your observations....
11. Comment on Wynn
Memorial's liquidity. Cite at least one meaningful ratio to support
your observations.
12. Comment on Wynn
Memorial's efficiency in its use of assets. Cite at least one
meaningful ratio to support your observations.
13. Comment on Wynn
Memorial's profitability. Cite at least one meaningful ratio to
support your observations.
14. Comment on Wynn
Memorial's capital structure. Cite at least one meaningful ratio to
support your observations.
Nursing Home Financial Ratios-Industry Median
Current ratio 1.98
Acid test...
Ratio Analysis Byers Company presents the following condensed income statement for 2019 and condensed December 31,...
Ratio Analysis
Byers Company presents the following condensed income statement
for 2019 and condensed December 31, 2019, balance sheet:
Income Statement
Sales (net)
$267,000
Less:
Cost of goods sold
$160,000
Operating expenses
62,000
Interest expense
11,000
Income taxes
10,000
Total expenses
(243,000)
Net income
$24,000
Balance Sheet
Cash
$10,000
Current liabilities
$40,000
Receivables (net)
22,000
Bonds payable, 10%
110,000
Inventory
56,000
Common stock, $10 par
100,000
Long-term investments
30,000
Additional paid-in capital
95,000
Property and equipment (net)
282,000
Retained earnings...
Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis.
Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis.
How do the results for your company compare to industry averages?
a. Current ratio
b. Inventory turnover
c. Asset turnover
d. Debt to assets
Kroger 10K: http://www.snl.com/Cache/c392874811.html
Analysis and Interpretation of Profitability Balance sheets and income statements for 3M Company follow. 3M COMPANY...
Analysis and Interpretation of Profitability
Balance sheets and income statements for 3M Company follow.
3M COMPANY
Consolidated Statements
of Income
For Years ended December 31 ($
millions)
2015
2014
2013
Net sales
$30,274
$31,821
$30,871
Operating expenses
Cost of sales
15,383
16,447
16,106
Selling, general and administrative expenses
6,182
6,469
6,384
Research, development and related expenses
1,763
1,770
1,715
Total operating expenses
23,328
24,686
24,205
Operating income
6,946
7,135
6,666
Interest expenses and income
Interest expense
149
142
145
Interest...
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