Question
In: Statistics and Probability
The year-end net income (in millions) for a company for the years 2004-2015 are shown in...
The year-end net income (in millions) for a company for the years 2004-2015 are shown in the provided data set (incomedata.xlsx). Graph the best chart which effectively displays the income data over time.
Income Data:
| Year | Net income |
| 2004 | 25.2 |
| 2005 | 32.8 |
| 2006 | 31.5 |
| 2007 | 31.3 |
| 2008 | 34.8 |
| 2009 | 37.1 |
| 2010 | 62.1 |
| 2011 | 101.6 |
| 2012 | 75.5 |
| 2013 | 83.3 |
| 2014 | 117.4 |
| 2015 | 152.6 |
Solutions
Expert Solution
Sol:
The year-end net income (in millions) for a company for the years 2004-2015 are shown below
| Year | Net income |
| 2004 | 25.2 |
| 2005 | 32.8 |
| 2006 | 31.5 |
| 2007 | 31.3 |
| 2008 | 34.8 |
| 2009 | 37.1 |
| 2010 | 62.1 |
| 2011 | 101.6 |
| 2012 | 75.5 |
| 2013 | 83.3 |
| 2014 | 117.4 |
| 2015 | 152.6 |
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orchestra answered 1 year agoRelated Solutions
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Sales
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Question not attempted.
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1
20Y2
20Y1
2
Sales
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3
Cost of goods sold
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2,306,667.00
4
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$4,959,333.00
$4,613,333.00
5
Selling expenses
$1,187,500.00
$950,000.00
6
Administrative expenses
701,100.00
570,000.00
7
Total operating expenses
$1,888,600.00
$1,520,000.00
8
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company from 2004 until 2007:
Year
2004
2005
2006
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Revenue
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EBITDA
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250
EBIT
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Interest
124
EBT
$176
Taxes (25%)
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Year-end operating costs, excluding depreciation, are expected
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$4,190.00
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3,048.00
EBITDA
$1,142.00
Depreciation
325.00
EBIT
$817.00
Interest
150.00
EBT
$667.00
Taxes (25%)
166.75
Net income
$500.25
Looking ahead to the following year, the company's CFO has
assembled this information:
Year-end sales are expected to be 6% higher than $4.19 billion
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INCOME STATEMENT AND BALANCE SHEET FOR 2015 SELECTED U.S. INDUSTRIES FOR 2015 (Figures in $ millions)...
INCOME STATEMENT AND BALANCE SHEET FOR 2015
SELECTED U.S. INDUSTRIES FOR 2015
(Figures in $ millions)
Food
Pharmaceuticals
Oil
and Coal
Computers and
Peripherals
Food
Stores
Income Statement Data:
Sales
$
676.7
$
396.8
$
1,049.2
$
206.1
$
463.7
Cost of goods sold
614.2
328.9
990.6
166.3
439.8
Balance Sheet Data:
Inventory
$
64.1
$
52.4
$
49.5
$
8.8
$
25.1
Accounts receivable
51.4
60.6
73.2
20.2
5.7
Accounts payable
41.8
39.2
76.3
28.3
21.6
Note: Cost of...
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