3. Prepare a trend analysis using the information provided.20232022202120202019Net sales156,000147,000132,000125,000114,000Net income66,00057,00044,00036,00024,000Accounts77,00064,00052,00048,00039,000receivablesWrite your answer here.2023 2022202120202019Net salesNet incomeAccountsreceivablesVo

The objective of this question is to prepare a trend analysis for the given data. Trend analysis is…

Answered: 3. Prepare a trend analysis using the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please help me with show all calculation thanku
Statement of Earnings of Facebook: Amounts In millions For the year ending December 31 2020 2019 2018 Revenue: Advertising Other 84,169 69,655 55,013 1,796 1,042 70,697 46,711 825 Total revenue 85,965 55,838 Total costs and expenses Income from operations Operating margin 53,294 32,671 30,925 24,913 23,986 38% 34% 45% Provision for income taxes 4,034 6,327 3,249 Effective tax rate 12% 25% 13% Net income 29,146 18,485 22,112 Diluted earnings per share (EPS) 10.09 6.43 7.57 Evaluate Facebook's PROFITABILITY. (10-15 sentences) * Vour answer
What does this say about the company?
aiount. Sales 2019 2020 750000 Less cost of sales 900000 Gross profit Expenses Net profit 7?? 7?? 250000 275000 210000 170000 40000 7?? (6) 2.1 Calculate the cost of sales for 2019 and 2020 2.2 Calculate the net profit for 2020 2.3 What effect does expenses have on the profit of a business 2.4 Calculate the gross profit percentage for 2019 and 2020 2.5 Calculate net profit percentage for 2019 and 2020 (6) 3. The selling price of a product is affected by the cost of the material, the quantity or Products sold, the percentage mark-up and the monthly fixed costs, Sane, the owner of a new business, finds that the selling price for her jewellery range is too high. How can she reduce the price of her jewellery? Explain by using examples of FIVE (5) different factors that influence the selling
Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2021 as the base year. Sales Gross profit Net income 2024 $ 390,000 210,000 41,100 Could you help Don with the request? 2024 Sales Gross profit Net income % % % 2023 $ 462,000 285,000 53,100 2023 % % % 2022 2022 $ 486,000 410,000 23,100 % % % 2021 2021 $ 600,000 500,000 30,000 100 % 100 % 100 %
Please Do not Give image format
I WANT TO FIND NET SALES HOW CAN I FIND
WHY THE FORECAST INCOME HSVE DEACLINE IN THE 2022 AND 2023 OF APPLE COMPANY
You have been hired as a financial analyst of a firm and your team is working on an independent assessment of XYZ Inc. Your assistant has provided you with the following data for XYZ Inc. and their industry. R r e d : Ratio 2020 2019 2018 2020- Industry Average Inventory Turnover 62.65 42.42 32.25 53.25 Receivables in days 94 63 50 115 Debt to Equity 0.75 0.85 0.90 0.88 Quick Ratio 1.028 1.03 1.029 1.031 Current Ratio 1.33 1.21 1.15 1.25 Required: a) In annual report of firm CEO wrote, we had higher liquidity largely due to an increase in highly liquid current assets (cash, account receivable and short-term marketable securities). Is the CEO correct? b) what can you say about the firm's collection period and inventory turnover?
Quick BQtio all Yearh As Reported Annual Balance Sheet Report Date Scale 2019 2018 2017 2016 Thousands Thousands Thousands Thousands Assets 9,465,000 6,284,000 7,722,000 Cash & cash equivalents Receivables, net 6,756,000 6,867,000 6,283,000 5,614,000 5,835,000 44,269.000 3,623,000 61,897,000 104,317.000 Inventories 44.435,000 1,622,000 61,806,000 105,208,000 17,424,000 4,417,000 43,783,000 43,046,000 Prepaid expenses & other current assets Total current assets 3,511,000 59,664,000 107,675,000 1,941,000 57,689,000 107.710,000 Property & equipment, net Operating lease right-of-use assets Finance lease right-of-use assets, net Property under capital lease & financing obligations, net Goodwill Other long-term assets Total assets 7,078,000 31,181,000 14,822,000 219,295,000 7,143,000 18,242,000 31,073,000 16,567,000 236,495,000 6.468,000 17.037,000 9,921,000 198,825,000 11,798,000 204,522,000 Liabilities & Equity Short-term borrowings Accounts payable Accrued liabilities 575,000 46,973,000…
https://docs.google.com/forms/d/e/1FAlpQLSXorlaxIMYwWjdrexbNIB0F6zOshlaGsSzvcHy9vKm0jUnAg/formResponseipli=1 Income Statement: The income statement of Taco Bell company is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 25,000 24,000 Interest expense 1,200 1.500 Net sales $124,000 $138 000 12,720 11,880 $1,109 5 108.000 Selling expenses Income taxes 1,883 95,000 COGS 450 600 Gain on Sale of land
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