A company's sales in 2010 were P300,00O and in 2011 were P351,000. Using 2010 as the base year, the sales trend percent for 2011 is: *
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- Perform a vertical analysis of the P&L (FS Company). "Formula: Vertical Analysis % - Each income statement items / Revenues (or Net sales) Fill in each Blank. Round your answers to the nearest tenth percent, i.e. 4.5%. PLEASE SUBMIT YOUR ANSWERS IN % and include the % symbol. Do not leave any blank. If the answer is 0, be sure to put 0. Cost of goods sold Gross profit Net sales $858,000 Select] Other expenses Interest revenue Income from operations Interest expense 2018 Income before income taxes Income tax expense Net income 513,000 345,000 244,000 101,000 4,000 24,000 81,000 33,000 FS Company Comparative P&L statement Years Ended December 31, 2018 and 2017 48,000 % of sales Select J [Select] | Select | [Select] [Select] [Select] [ Select] Select] Select > >The following partial income statement data pertains to Tatum Toy Company's recent year completed and its forecast for the coming year (in millions): Recent $875.00 Sales Operating costs EBIT Interest expense EBT What was the expected percentage change in sales? a. 20% b. 16% c. -20% d. 55% e. 83% 625.00 $250.00 50.00 $200.00 Projected $1,050.00 682.50 $367.50 50.00 $317.50Firm has the following revenues. Forecast the firm's year 4 revenue using the average annual growth rate. Year 1: $17,864. Year 2: $17,149. Year 3: $19,359.
- A company’s sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the sales trend percent for 2011 is: * ChooseUse the CPI table below to answer the following questions: Year CPI 2007 (Base Year) 2008 2009 2010 2011 2012 2013 2014 100 4 a. If an item was worth $2,500 in 2009, how much was it worth in 2014? k 102.8 104.2 105.5 107.4 109.2 112.3 116.6 120.4 122.8 Round up to two decimal places b. If an item was $3,000 in 2010, how much was it worth in 2015? 2015 2016 7The price of a commodity increased by 5% from 2014 to 2015, 8% from 2015 to 2016 and 77% from 2016 to 2017. The average increase from 2015 to 2017 is quoted as 26% and not 30%. Explain and verify the result.
- The net sales, net income and total assets for Aaron Shipping, Inc. for a five-year period is shown in the following table. Use DuPont analysis to compute rate of return on average total assets for 2010 through 2012. (In thousands) 2012 2011 2010 2009 2008 $900 $400 $352 $314 $296 Net sales Net income 50 39 46 37 24 Total assets 308 269 252 231 209 Staples, Inc. is one of the largest suppliers of office products in the United States. It had net income of $738.7 million and sales of $24,275.5 million in 2009. Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Staples, Inc.'s (a) asset turnover ratio and (b) profit margin ratio? (Round to two decimals.) Provide a brief interpretation of your results. Using the information below for Laurels Company; determine the manufacturing costs added during the current year: Direct materials used $6,400 Direct labor 8,400 Total factory overhead 6,500 Beginning work in process…Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $1,420,000 $1,720,000 $1,600,000 $2,010,000 $1,770,000 What would be the forecast for next year's sales using regression to estimate a trend? Next year's salesShalit Corporation's 2011 sales were $12 million. Its 2006 sales were $8 million. At what rate have sales been growing? 8.45% 13.13% 11.11%
- The following is a scatterplot for a company's actual annual sales (in millions of dollars) for 11 consecutive years, from 2010 to 2020. In which year did sales have their lowest recorded value? a) 2020b) 2010c) 2011d) 2012d) 10d) 15g) 20The income statement of Carlson Company for the year ended March 31,2012 are as follows: (in million of pesos) 2012 2011 Sales P 320.5 P305.4 Cost of sales 274.1 253.9 Gross profit 46.4 51.5 Distribution costs 11.6 10.4 Administrative expenses 22.6 23.5 Other operating income 4.5 6.4 Earnings before interest and taxes 16.7 24.0 .Interest charges 1.9 4.3 .Earnings before taxes 14.8 19.7 Which of the following is correct?a. The company sold more goods by volume in 2012 than in 2011.b. The gross margin as a percentage of sales was higher in 2012 than in 2011.c. The increase in distribution costs in 2012 over and above the 2011 amount isdue to the higher sales turnover.d. The net profit margin as a percentage of sales fell in 2012 and about 2/3 ofthe 2011 level.he following data represents the annual sales of a Digitech Automation products SAOG. Year 2014 2015 2016 2017 2018 Sales (in Millions) OMR 380 440 520 396 514 Use method of least squares to calculate the trend values and the forecast for the future period. Which of the following is the annual sales forecast for the year 2019 using least squares method? a. 539.6 Million OMR b. 584.4 Million OMR c. 606.8 Million OMR d. 562 Million OMR