Chapter 3 Exercises
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School
Central Michigan University *
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Course
580
Subject
Finance
Date
Jan 9, 2024
Type
xlsx
Pages
22
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Create a line chart showing the growth in the annual CPI in the Excel file Consumer Price Index.
Consumer Price Index - All Urban Consumers
Year
2003
184.0
2004
188.9
2005
195.3
2006
201.6
2007
207.342
2008
215.303
2009
214.537
2010
218.056
2011
224.939
2012
229.594
Annual CPI
2003
2004
2005
2006
2007
0.0
50.0
100.0
150.0
200.0
250.0
Growth in Ann
Yea
Annual CPI
2008
2009
2010
2011
2012
nual CPI
ar
A national homebuilder builds single-family homes and condominium-style townhouses. The Excel file House Sa
on the selling price, lot cost, type of home, and region of the country (Midwest, South) for closings during one m
Construct a scatter diagram showing the relationship between sales price and lot cost. What conclusion can you
House Sales
Region
Type
Selling Price
Lot Cost
Midwest Townhouse
$85,145 $17,030
Midwest Townhouse
$112,740 $20,700
Midwest Townhouse
$115,350 $18,030
Midwest Townhouse
$116,415 $19,600
Midwest Townhouse
$133,070 $24,455
Midwest Single Family
$136,530 $25,500
Midwest Townhouse
$139,435 $29,155
Midwest Townhouse
$139,955 $30,400
Midwest Townhouse
$147,905 $24,650
Midwest Single Family
$153,845 $27,500
Midwest Townhouse
$155,270 $19,600
Midwest Townhouse
$155,870 $24,650
As Lot cost increases, so does selling cost. South
Single Family
$160,000 $29,500
Midwest Single Family
$165,220 $25,500
Midwest Single Family
$165,350 $25,000
Midwest Single Family
$168,354 $27,316
Midwest Single Family
$168,500 $33,000
Midwest Single Family
$170,000 $25,200
South
Townhouse
$172,749 $45,025
Midwest Single Family
$175,000 $28,000
Midwest Townhouse
$175,470 $28,600
Midwest Townhouse
$179,365 $32,200
South
Townhouse
$181,916 $45,025
South
Townhouse
$182,237 $45,025
Midwest Single Family
$183,370 $28,000
Midwest Single Family
$184,210 $28,000
Midwest Single Family
$184,460 $22,300
Midwest Townhouse
$184,873 $33,400
Midwest Single Family
$185,160 $29,000
South
Single Family
$186,000 $35,851
Midwest Townhouse
$187,390 $27,000
Midwest Single Family
$188,603 $31,300
Midwest Single Family
$189,120 $35,000
South
Single Family
$191,028 $45,000
South
Townhouse
$196,898 $45,025
South
Townhouse
$198,202 $45,025
South
Single Family
$200,119 $45,000
$0
$100,000 $200,000 $300
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
Relationship between S
Se
Lot Cost
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South
Townhouse
$200,423 $45,025
Midwest Single Family
$201,700 $40,940
South
Single Family
$202,000 $31,160
South
Townhouse
$203,076 $45,025
Midwest Single Family
$203,950 $33,000
South
Single Family
$204,900 $34,000
South
Single Family
$205,821 $39,299
South
Single Family
$206,400 $35,851
South
Single Family
$207,345 $35,600
South
Single Family
$209,400 $43,579
Midwest Single Family
$210,380 $33,856
Midwest Single Family
$211,513 $31,300
South
Single Family
$211,797 $34,000
Midwest Townhouse
$212,079 $33,400
South
Single Family
$214,205 $36,500
Midwest Single Family
$214,900 $31,300
South
Single Family
$216,049 $35,600
South
Single Family
$219,990 $37,557
Midwest Single Family
$220,257 $31,300
Midwest Single Family
$223,890 $28,000
South
Townhouse
$224,108 $45,025
South
Single Family
$225,900 $28,618
South
Single Family
$226,000 $35,600
South
Townhouse
$230,000 $45,025
Midwest Single Family
$230,440 $33,000
Midwest Single Family
$230,555 $28,000
Midwest Single Family
$233,900 $44,200
South
Single Family
$234,971 $29,202
South
Single Family
$239,000 $39,169
South
Single Family
$239,870 $41,354
South
Single Family
$241,195 $41,340
South
Single Family
$242,191 $33,434
South
Single Family
$242,899 $48,252
South
Single Family
$246,648 $41,600
Midwest Single Family
$248,500 $20,000
South
Single Family
$249,900 $38,200
Midwest Single Family
$250,005 $33,000
South
Townhouse
$250,800 $73,400
South
Single Family
$252,135 $41,341
South
Single Family
$253,055 $41,340
South
Single Family
$254,048 $39,680
South
Single Family
$255,000 $43,198
South
Single Family
$256,235 $48,500
South
Single Family
$257,040 $37,631
South
Townhouse
$260,100 $73,400
Midwest Single Family
$262,740 $44,900
South
Single Family
$262,890 $48,500
South
Single Family
$265,058 $41,404
Midwest Townhouse
$265,500 $35,800
South
Townhouse
$267,060 $73,400
South
Single Family
$267,250 $45,676
South
Townhouse
$267,640 $73,400
South
Single Family
$268,000 $43,344
Midwest Single Family
$268,210 $29,700
South
Single Family
$268,500 $41,099
South
Townhouse
$269,410 $73,400
South
Single Family
$270,518 $46,499
Midwest Single Family
$271,105 $45,000
Midwest Single Family
$274,455 $41,000
South
Single Family
$274,903 $45,345
Midwest Single Family
$277,720 $44,650
South
Single Family
$280,622 $45,130
South
Single Family
$280,804 $40,667
Midwest Single Family
$281,487 $57,285
South
Single Family
$281,824 $50,448
Midwest Single Family
$283,440 $50,900
South
Single Family
$286,758 $57,000
South
Single Family
$287,771 $46,300
Midwest Single Family
$289,000 $44,000
South
Single Family
$290,000 $48,300
South
Single Family
$290,190 $82,250
South
Townhouse
$294,450 $73,400
South
Single Family
$294,990 $57,000
South
Single Family
$299,096 $43,784
South
Single Family
$301,500 $59,000
South
Single Family
$305,000 $49,067
Midwest Single Family
$307,373 $41,292
South
Single Family
$307,387 $45,850
South
Single Family
$307,663 $44,840
South
Single Family
$309,075 $82,250
South
Single Family
$310,100 $41,800
South
Single Family
$310,372 $60,000
South
Single Family
$312,898 $40,768
South
Single Family
$318,274 $85,800
South
Single Family
$318,523 $50,000
South
Single Family
$319,602 $82,250
South
Single Family
$322,920 $82,250
Midwest Single Family
$323,716 $34,500
South
Single Family
$324,266 $47,891
South
Single Family
$324,412 $62,523
South
Single Family
$326,570 $51,000
South
Single Family
$329,611 $48,611
Midwest Single Family
$330,486 $35,000
South
Single Family
$330,710 $49,920
South
Single Family
$333,158 $49,123
South
Townhouse
$335,000 $68,375
South
Single Family
$337,374 $70,399
South
Single Family
$337,380 $49,150
South
Single Family
$338,065 $54,850
South
Single Family
$340,000 $40,000
South
Single Family
$340,730 $50,850
South
Single Family
$342,423 $48,309
Midwest Single Family
$348,744 $53,000
South
Single Family
$350,702 $46,386
South
Single Family
$352,781 $60,000
South
Single Family
$354,065 $48,115
South
Single Family
$354,117 $56,219
South
Single Family
$355,688 $65,373
South
Single Family
$358,162 $44,470
South
Single Family
$359,949 $50,591
South
Single Family
$366,990 $55,508
South
Single Family
$367,600 $50,000
South
Single Family
$369,101 $46,773
South
Single Family
$371,152 $58,223
South
Single Family
$379,000 $72,915
South
Single Family
$379,424 $64,902
South
Single Family
$379,575 $44,294
South
Single Family
$385,000 $75,000
South
Single Family
$385,942 $49,123
South
Single Family
$387,527 $48,000
South
Single Family
$398,651 $65,429
South
Single Family
$400,330 $75,510
South
Single Family
$404,510 $58,225
South
Single Family
$407,076 $48,668
Midwest Single Family
$410,810 $66,500
South
Single Family
$417,790 $63,099
South
Single Family
$432,426 $57,422
South
Single Family
$444,304 $53,938
South
Single Family
$446,507 $75,510
South
Single Family
$492,820 $84,122
South
Single Family
$575,120 $79,790
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ales provides information month
u reach?
0,000 $400,000 $500,000 $600,000 $700,000
Selling Price and Lot Cost
elling Price
Create a bubble chart for the first five colleges in the Excel file Colleges and Universities for which the x-axis is the
, y-axis is acceptance rate, and bubbles represent the expenditures per student.
Colleges and Universities
School
Type
Median Acceptance Rate
Expenditures/Student
Top 10% HS
Graduati
Amherst
Lib Arts
1315
22% $ 26,636 85
93
Barnard
Lib Arts
1220
53% $ 17,653 69
80
Bates
Lib Arts
1240
36% $ 17,554 58
88
BerkeleyUniversit
1176
37% $ 23,665 95
68
Bowdoin Lib Arts
1300
24% $ 25,703 78
90
Brown
Universit
1281
24% $ 24,201 80
90
Bryn MawLib Arts
1255
56% $ 18,847 70
84
Cal TechUniversit
1400
31% $ 102,262 98
75
Carleton Lib Arts
1300
40% $ 15,904 75
80
CarnegieUniversit
1225
64% $ 33,607 52
77
ClaremonLib Arts
1260
36% $ 20,377 68
74
Colby
Lib Arts
1200
46% $ 18,872 52
84
Colgate
Lib Arts
1258
38% $ 17,520 61
85
ColumbiaUniversit
1268
29% $ 45,879 78
90
Cornell
Universit
1280
30% $ 37,137 85
83
DavisdsoLib Arts
1230
36% $ 17,721 77
89
Duke
Universit
1310
25% $ 39,504 91
91
GeorgetoUniversit
1278
24% $ 23,115 79
89
Grinnell
Lib Arts
1244
67% $ 22,301 65
73
HamiltonLib Arts
1215
38% $ 20,722 51
85
Harvard
Universit
1370
18% $ 46,918 90
90
Haverfor Lib Arts
1285
35% $ 19,418 71
87
Johns HoUniversit
1290
48% $ 45,460 69
86
MiddlebuLib Arts
1255
25% $ 24,718 65
92
MIT
Universit
1357
30% $ 56,766 95
86
Mount HoLib Arts
1200
61% $ 23,358 47
83
NorthwesUniversit
1230
47% $ 28,851 77
82
Oberlin
Lib Arts
1247
54% $ 23,591 64
77
Occident
Lib Arts
1170
49% $ 20,192 54
72
Pomona
Lib Arts
1320
33% $ 26,668 79
80
PrincetonUniversit
1340
17% $ 48,123 89
93
Rice
Universit
1327
24% $ 26,730 85
88
Smith
Lib Arts
1195
57% $ 25,271 65
87
Stanford Universit
1370
18% $ 61,921 92
88
SwarthnoLib Arts
1310
24% $ 27,487 78
88
U MichigUniversit
1195
60% $ 21,853 71
77
U of Chi
Universit
1300
45% $ 38,937 74
73
U of RochUniversit
1155
56% $ 38,597 52
73
U PennsyUniversit
1280
41% $ 30,882 87
86
U Va
Universit
1218
37% $ 19,365 77
88
UCLA
Universit
1142
43% $ 26,859 96
61
UNC
Universit
1109
32% $ 19,684 82
73
Vassar
Lib Arts
1287
43% $ 20,179 53
84
WashingtUniversit
1225
54% $ 39,883 71
76
WashintoLib Arts
1234
29% $ 17,998 61
78
WellesleyLib Arts
1250
49% $ 27,879 76
86
WesleyanLib Arts
1290
35% $ 19,948 73
91
Williams
Lib Arts
1336
28% $ 23,772 86
93
Yale
Universit
1350
19% $ 52,468 90
93
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e top 10% HS
Expenditures/Student
26636
17653
17554
23665
25703
24201
18847
102262
15904
33607
20377
18872
17520
45879
37137
17721
39504
23115
22301
20722
46918
19418
45460
24718
56766
23358
28851
23591
20192
26668
48123
26730
25271
61921
27487
21853
38937
38597
55
60
65
70
75
80
85
90
95
100
0
10
20
30
40
50
60
70
80
90
100
Colleges and Universities- Student Expenditures
Top 10% HS
Graduation Rate
30882
19365
26859
19684
20179
39883
17998
27879
19948
23772
52468
Apply three different colors of data bars to lunch, dinner, and delivery sales in the Excel file Restaurant Sa
Then sort the data by the day of the week beginning on Sunday. Compare the nonsorted data with the so
Restaurant Sales
Date
Lunch Sales $
Dinner Sales $
Delivery Sales $
Date
1-Apr
$873.00
$1,345.00
$489.00
31-Mar
8-Apr
$697.00
$1,209.00
$341.00
1-Apr
15-Apr
$741.00
$1,137.00
$326.00
3-Apr
22-Apr
$846.00
$1,324.00
$319.00
4-Apr
29-Apr
$779.00
$1,229.00
$398.00
5-Apr
3-Apr
$289.00
$646.00
$321.00
6-Apr
10-Apr
$307.00
$579.00
$328.00
7-Apr
17-Apr
$298.00
$572.00
$365.00
8-Apr
24-Apr
$233.00
$523.00
$411.00
10-Apr
4-Apr
$354.00
$782.00
$289.00
11-Apr
11-Apr
$387.00
$664.00
$301.00
12-Apr
18-Apr
$419.00
$621.00
$278.00
13-Apr
25-Apr
$341.00
$731.00
$243.00
14-Apr
5-Apr
$403.00
$805.00
$276.00
15-Apr
12-Apr
$412.00
$891.00
$243.00
17-Apr
19-Apr
$345.00
$913.00
$294.00
18-Apr
26-Apr
$426.00
$940.00
$350.00
19-Apr
6-Apr
$442.00
$1,289.00
$1,242.00
20-Apr
13-Apr
$508.00
$1,178.00
$1,068.00
21-Apr
20-Apr
$467.00
$1,332.00
$1,254.00
22-Apr
27-Apr
$379.00
$1,409.00
$1,143.00
24-Apr
31-Mar
$542.00
$1,468.00
$884.00
25-Apr
7-Apr
$449.00
$1,652.00
$782.00
26-Apr
14-Apr
$503.00
$1,581.00
$714.00
27-Apr
21-Apr
$622.00
$1,732.00
$636.00
28-Apr
28-Apr
$592.00
$1,856.00
$601.00
29-Apr
Sorted:
Unsorted:
$2
$4
$6
$8
$1,0
$1,2
$1,4
$1,6
$1,8
$2,0
Daily Sales in USD
$200.00
$400.00
$600.00
$800.00
$1,000.00
$1,200.00
$1,400.00
$1,600.00
$1,800.00
$2,000.00
Daily Lunch, Dinner and Delivery Sales
Daily Sales in USD
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31-Mar
7-Apr
14-Apr
21-Apr
28-Apr
$0.00
$200.00
Lunch
Dinner
Delivery
Date
ales to visualize the relative amounts of sales
orted data and comment on the information content of the visualizations.
Lunch Sales $
Dinner Sales $
Delivery Sales $
$542.00
$1,468.00
$884.00
$873.00
$1,345.00
$489.00
$289.00
$646.00
$321.00
$354.00
$782.00
$289.00
$403.00
$805.00
$276.00
$442.00
$1,289.00
$1,242.00
$449.00
$1,652.00
$782.00
$697.00
$1,209.00
$341.00
$307.00
$579.00
$328.00
$387.00
$664.00
$301.00
$412.00
$891.00
$243.00
$508.00
$1,178.00
$1,068.00
$503.00
$1,581.00
$714.00
$741.00
$1,137.00
$326.00
$298.00
$572.00
$365.00
$419.00
$621.00
$278.00
$345.00
$913.00
$294.00
$467.00
$1,332.00
$1,254.00
$622.00
$1,732.00
$636.00
$846.00
$1,324.00
$319.00
$233.00
$523.00
$411.00
$341.00
$731.00
$243.00
$426.00
$940.00
$350.00
$379.00
$1,409.00
$1,143.00
$592.00
$1,856.00
$601.00
$779.00
$1,229.00
$398.00
$0.00
200.00
400.00
600.00
800.00
000.00
200.00
400.00
600.00
800.00
000.00
Daily Lunch, Dinner and Delivery Sales
31-Mar
7-Apr
14-Apr
21-Apr
28-Apr
$0.00
Lunch
Dinner
Delivery
Date
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Create a treemap for the regions, items, and units sold in the Excel file Store and Regional Sales Database.
Store and Regional Sales Database
ID
Store No.
Sales Region
Item Description
Units Sold
Week Ending
1
1 South
24" Monitor
28
October
2
1 South
24" Monitor
30
November
3
1 South
24" Monitor
9
December
4
1 South
30
October
5
1 South
35
November
6
1 South
39
December
7
1 South
PC Mouse
28
October
8
1 South
PC Mouse
3
November
9
1 South
PC Mouse
38
December
10
1 South
Laptop
25
October
11
1 South
Laptop
27
November
12
1 South
Laptop
33
December
13
2 South
24" Monitor
8
October
14
2 South
24" Monitor
8
November
15
2 South
24" Monitor
10
December
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
16
2 South
8
October
17
2 South
8
November
18
2 South
8
December
19
2 South
PC Mouse
9
October
20
2 South
PC Mouse
9
November
21
2 South
PC Mouse
8
December
22
2 South
Laptop
18
October
23
2 South
Laptop
18
November
24
2 South
Laptop
20
December
25
3 South
24" Monitor
38
October
26
3 South
24" Monitor
30
November
27
3 South
24" Monitor
3
December
28
3 South
30
October
29
3 South
32
November
30
3 South
33
December
31
3 South
PC Mouse
25
October
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
32
3 South
PC Mouse
5
November
33
3 South
PC Mouse
26
December
34
3 South
Laptop
28
October
35
3 South
Laptop
27
November
36
3 South
Laptop
29
December
37
4 North
24" Monitor
18
October
38
4 North
24" Monitor
20
November
39
4 North
24" Monitor
4
December
40
4 North
12
October
41
4 North
24
November
42
4 North
36
December
43
4 North
PC Mouse
29
October
44
4 North
PC Mouse
11
November
45
4 North
PC Mouse
38
December
46
4 North
Laptop
21
October
47
4 North
Laptop
24
November
48
4 North
Laptop
30
December
49
5 North
24" Monitor
27
October
50
5 North
24" Monitor
25
November
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
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51
5 North
24" Monitor
23
December
52
5 North
80
October
53
5 North
82
November
54
5 North
75
December
55
5 North
PC Mouse
65
October
56
5 North
PC Mouse
24
November
57
5 North
PC Mouse
55
December
58
5 North
Laptop
55
October
59
5 North
Laptop
57
November
60
5 North
Laptop
47
December
61
6 East
24" Monitor
24
October
62
6 East
24" Monitor
85
November
63
6 East
24" Monitor
56
December
64
6 East
52
October
65
6 East
58
November
66
6 East
69
December
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
67
6 East
PC Mouse
35
October
68
6 East
PC Mouse
39
November
69
6 East
PC Mouse
44
December
70
6 East
Laptop
78
October
71
6 East
Laptop
88
November
72
6 East
Laptop
99
December
73
7 East
24" Monitor
34
October
74
7 East
24" Monitor
36
November
75
7 East
24" Monitor
35
December
76
7 East
49
October
77
7 East
47
November
78
7 East
48
December
79
7 East
PC Mouse
45
October
80
7 East
PC Mouse
42
November
81
7 East
PC Mouse
45
December
82
7 East
Laptop
55
October
83
7 East
Laptop
57
November
84
7 East
Laptop
55
December
85
8 East
24" Monitor
18
October
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
86
8 East
24" Monitor
17
November
87
8 East
24" Monitor
23
December
88
8 East
22
October
89
8 East
18
November
90
8 East
22
December
91
8 East
PC Mouse
14
October
92
8 East
PC Mouse
16
November
93
8 East
PC Mouse
17
December
94
8 East
Laptop
32
October
95
8 East
Laptop
28
November
96
8 East
Laptop
30
December
Wireless Keyboard
Wireless Keyboard
Wireless Keyboard
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Related Questions
Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.)
($ thousands)
CurrentYear
PriorYear
Net sales
$
453,100
$
230,000
Cost of goods sold
222,019
68,080
Trend Percent for Net Sales:
Choose Numerator:
/
Choose Denominator:
/
=
Trend Percent
Current Year:
/
=
%
Prior Year:
/
=
%
arrow_forward
Compute trend percents for the following accounts using 2015 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.
arrow_forward
Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year a
base year. (Enter the answers in thousands of dollars.)
Current
Prior
($ thousands)
Year
Year
$1,155,080 $431,000
565,989
Net sales
Cost of goods sold
127,576
Trend Percent for Net Sales:
Choose Numerator:
IChoose Denominator:
Trend Percent
%3D
Current Year:
%3D
Prior Year:
%
%D
arrow_forward
Compute trend percent for the following accounts using 2018 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percent appears to be favorable or unfavorable.
2022
2021
2020
2019
2018
Sales
$282,880
$270,800
$252,600
$234,560
$150,000
Cost of goods sold
128,200
122,080
115,280
106,440
67,000
Accounts receivable
18,100
17,300
16,400
15,200
9,000
arrow_forward
Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 446,122 $ 293,501 $ 242,563 $ 173,880 $ 128,800 Cost of goods sold 221,100 145,365 122,206 87,101 63,112 Accounts receivable 21,592 17,140 16,664 10,137 8,784 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.
arrow_forward
Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.
Sales
$ 666,761
$ 432,962
$ 344,990
$ 249,090
$ 180,500
Cost of goods sold
329,263
213,901
172,445
124,054
88,445
Accounts receivable
32,138
25,242
23,632
14,547
12,328
arrow_forward
If Year 1 sales equal $830, Year 2 sales equal $913, and Year 3 sales equal $1130, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is
110%.
136%.
91%.
124%.
eTextbook and Media
arrow_forward
Explains it correctly not use excel
arrow_forward
Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be
rounded to two decimals (e.g., 12.77%).
> Answer is complete but not entirely correct.
2021
2020
2020-2021
Revenue
2,057,622
1,736,432
18.50
%
Cost of Goods Sold
1,259,830
921,980
36.64
%
Gross Profit
797,792
814,452
(1.02) %
Operating Expenses
789,795
570,245
38.50 %
Operating Income
7,997
244,207
2,953.73%
Net Income
14,553
191,960
(92.42) %
arrow_forward
Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the
situation as revealed by the trend percents appears to be favourable or unfavourable.
Sales
Cost of goods sold
Accounts receivable
Numerator:
2024
$ 754,236
372,126
36,731
Numerator:
1
2023
$ 499,494
246,502
29,121
Trend Percent for Net Sales:
1
1
1
1
1
1
2024:
2023:
2022:
2021:
2020:
Is the trend percent for Net Sales favourable or unfavourable?
2022
$394,857
196,780
27,127
Prev
Denominator:
Trend Percent for Cost of Goods Sold:
1
Denominator:
5 of 8
2021
$ 265,005
131,752
15,529
=
Next >
2020
$ 196,300
96,187
13,407
Trend percent
%
%
%
%
%
arrow_forward
Assume figures were presented for the past 5 years on merchandise sold at Chicago department and discount stores ($ million). Sales
in 2022 were $3,154; in 2021, $3,414; in 2020, $3,208; in 2019, $3,152; and in 2018, $3,216. Using 2018 as the base year, complete a
trend analysis. (Round your answers to the nearest whole percent.)
2022
2021
2020
2019
2018
Sales
$
3,154
$ 3,414
$
3,208
$
3,152
$
3,216
Sales (in percent)
%
%
%
100 %
arrow_forward
Use the following selected information from Corolla to determine the Year 1 and Year 2 trend percentages for net sales using Yeari as the base
Year
2.
Year
Net
sales
$ 286,200
$ 233,40o0
Cost of goods
sold
149,900
131,590
Operating expenses
Net earnings
53,240
51,240
30,020
21,820
Multiple Choice
122.6% for Year 2 and 100.0% for Year 1.
35.5% for Year 2 and 38.9% for Year 1.
52.4% for Year 2 and 56.4% for Year 1.
113,9% for Year 2 and 100.0% for Year 1.
arrow_forward
1. Angel Trading presents the following sales figures in terms of
units.
2014
10 000
2015
11 650
2016
12 395
2017
14 670
2018
18 485
2019
Required: Determine the projected sales on 2019 using either
simple moving average or arithmetic geometric curve.
arrow_forward
Price earning ratio: market price per common share/ earning per share
3388/ 42.64= 79.46 (Amazon 2020 year)
1847/ 23.46= 78.77 (Amazon 2019 year)
20.24 (Walmart 2020 year)
Write financial analysis report.
arrow_forward
Assume figures were presented for the past 5 years on merchandise sold at Chicago department and discount stores ($ million). Sales in 2022 were $3,174; in 2021, $3,434; in 2020, $3,188; in 2019, $3,172; and in 2018, $3,236. Using 2018 as the base year, complete a trend analysis. (Round your answers to the nearest whole percent.)
arrow_forward
How do I solve these step-by-step?
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Selected comparative financial statements of Haroun Company follow.
HAROUN COMPANY
Comparative Income Statements
For Years Ended December 31, 2021-2015
($ thousands)
Sales
2021
Cost of goods sold
$ 1,769
1,271
2020
$ 1,549
2019
2018
2017
2016
2015
$ 1,410
$ 1,292
$ 1,206
$ 1,121
$ 919
1,034
889
778
723
676
539
Gross profit
498
515
521
514
483
445
380
Operating expenses
Net income
377
295
271
200
173
171
142
$ 121
$ 220
$ 250
$ 314
$ 310
$ 274
$ 238
HAROUN COMPANY
Comparative Year-End Balance Sheets
December 31, 2021-2015
($ thousands)
Assets
Cash
Accounts receivable, net
Merchandise inventory
Other current assets
Long-term investments
Plant assets, net
Total assets
Liabilities and Equity
2021
2020
2019
2018
2017
2016
2015
$ 108
773
$ 142
812
$ 148
735
2,797
2,036
1,779
$ 151
564
1,499
$ 157
496
$ 155
$ 160
470
332
1,346
1,144
829
72
65
40
71
60
61
32
e
B
220
220
220
220
3,422
3,409
2,982
1,683
$ 7,172
$ 6,464
$ 5,684
$ 4,188
$ 4,019
1,740
1,546
$ 3,596
$ 2,900
1,327
Current liabilities…
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Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the
situation as revealed by the trend percents appears to be favourable or unfavourable.
2024
2023
Sales
Cost of goods sold
Accounts receivable
$ 553,119
290,122
26,882
$ 363,894
190,775
21,215
2022
$ 292,284
155,088
20,021
2021
$ 210,276
110,844
12,322
2020
$ 159,300
82,836
10,928
2024:
2023:
2022:
2021:
2020:
Numerator:
Trend Percent for Net Sales:
1
Is the trend percent for Net Sales favourable or unfavourable?
2024:
2023:
2022:
2021:
2020:
Denominator:
=
Trend percent
0 %
0%
0%
0%
0 %
Trend Percent for Cost of Goods Sold:
Numerator:
Denominator:
Is the trend percent for Cost of Goods Sold favourable or unfavourable?
=
Trend percent
0%
0%
0%
0%
0%
arrow_forward
Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whe
situation as revealed by the trend percents appears to be favourable or unfavourable.
Sales
Cost of goods sold
Accounts receivable
Numerator:
2024
$ 564,662
296,074
27,273
Numerator:
2024:
2023:
2022:
2021:
2020:
Is the trend percent for Net Sales favourable or unfavourable?
2023
$364,298
191,135
21,275
1
1
1
Trend Percent for Net Sales:
1
$
1
1
2022
293,789
156,170.
20,095
Denominator:
Trend Percent for Cost of Goods Sold:
Denominator:
2024:
2023:
2022:
2021:
2020:
is the trend percent for Cost of Goods Sold favourable or unfavourable?
2021
2020
$ 212,122 $ 158,300
111,503
12,430
=
82,316
10,828
Trend percent
Trend percent
%
de 2
%
***
%
%
%
%
%
%
%
%
arrow_forward
Calculate the Sales Growth of the most recent year. Enter answer as decimal (not percent. Example: .1234 is ok, 12.34% is not ok).
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Related Questions
- Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.) ($ thousands) CurrentYear PriorYear Net sales $ 453,100 $ 230,000 Cost of goods sold 222,019 68,080 Trend Percent for Net Sales: Choose Numerator: / Choose Denominator: / = Trend Percent Current Year: / = % Prior Year: / = %arrow_forwardCompute trend percents for the following accounts using 2015 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.arrow_forwardUse the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year a base year. (Enter the answers in thousands of dollars.) Current Prior ($ thousands) Year Year $1,155,080 $431,000 565,989 Net sales Cost of goods sold 127,576 Trend Percent for Net Sales: Choose Numerator: IChoose Denominator: Trend Percent %3D Current Year: %3D Prior Year: % %Darrow_forward
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