Please show work and care for plagiarism please i give up vote Comparing Operating Characteristics Across IndustriesFollowing are selected income statement and balance sheet data for companies in different industries.($ millions)Target Corp.Nike, Inc.Harley-DavidsonCisco SystemsSales$73,30125,3135,58148,607CompanyTarget Corp.Nike, Inc.Harley-DavidsonCisco SystemsCost ofGoods Sold$50,56814,2793,22219,1670%0%0%0%NetIncome$2,9992,4856249,983(a) Compute the following ratios for each company.• Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%).• Note: The liabilities to stockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, for example: 0.452 = 0.5).Gross Profit/ Net Income/ Net Income/SalesSalesEquity0%0%0%0%Assets$48,16317,5849,171101,1910%0%0%0%Liabilities$31,6056,4286,61342,063Liabilities/EquityStockholders'Equity$16,55811,1562,55859,1280000

· Ratio analysis used identify the business performance of the company.· It is used to…

a) Compute the following ratios for each company. Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%). Note: The liabilities to stockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, for example: 0.452 = 0.5). Company Target Corp. Nike, Inc. Harley-Davidson Gross Profit/ Net Income/ Net Income/ Sales Sales Equity 0% 0% 0% 0% 0% 0% 0% 0% 0% Liabilities/ Equity 0 0 0

a) Compute the following ratios for each company. Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%). Note: The liabilities to stockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, for example: 0.452 = 0.5). Company Target Corp. Nike, Inc. Harley-Davidson Gross Profit/ Net Income/ Net Income/ Sales Sales Equity 0% 0% 0% 0% 0% 0% 0% 0% 0% Liabilities/ Equity 0 0 0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Question

Please show work and care for plagiarism please i give up vote

Comparing Operating Characteristics Across Industries
Following are selected income statement and balance sheet data for companies in different industries.
($ millions)
Target Corp.
Nike, Inc.
Harley-Davidson
Cisco Systems
Sales
$73,301
25,313
5,581
48,607
Company
Target Corp.
Nike, Inc.
Harley-Davidson
Cisco Systems
Cost of
Goods Sold
$50,568
14,279
3,222
19,167
0%
0%
0%
0%
Net
Income
$2,999
2,485
624
9,983
(a) Compute the following ratios for each company.
• Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%).
• Note: The liabilities to stockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, for example: 0.452 = 0.5).
Gross Profit/ Net Income/ Net Income/
Sales
Sales
Equity
0%
0%
0%
0%
Assets
$48,163
17,584
9,171
101,191
0%
0%
0%
0%
Liabilities
$31,605
6,428
6,613
42,063
Liabilities/
Equity
Stockholders'
Equity
$16,558
11,156
2,558
59,128
0
0
0
0

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