Activity 3.Compute for the horizontal analysis for the net income of Alma BeautyShop.Directions: Shown below is the net income taken from Alma Beauty Shop20192020201620172018P75,000.00P85,000.00P120,000.00P100,000.00P50,000.00Horizontal Analysis:20162017201820192020PesoChange% Change

Answer: Concept Peso change= Value at year 1- Value at year 0 % change =Peso change/ Value at year…

Activity 3. Compute for the horizontal analysis for the net income of Aima Beauty Shop. Directions: Shown below is the net income taken from Alma Beauty Shon 2019 2020 2016 2017 2018 P85,000.00 P120,000.00 P100,000.00 P50,000.00 P75,000.00 Horizontal Analysis: 2016 2017 2018 2019 2020

Activity 3. Compute for the horizontal analysis for the net income of Aima Beauty Shop. Directions: Shown below is the net income taken from Alma Beauty Shon 2019 2020 2016 2017 2018 P85,000.00 P120,000.00 P100,000.00 P50,000.00 P75,000.00 Horizontal Analysis: 2016 2017 2018 2019 2020

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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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 Selling expenses 11,880 12,720 Income taxes $1,109.5 1,883 COGS 108,000 95,000 Gain on Sale of land 450 600 1. What is the operating profit marain for the company over the years 2020 and + O d) ENG TOSHIBA
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Question 18 Given: 2019 Sales $216,259 2020 Sales $290,149 2019 Operating Income = $102,258 2020 Operating Income = $174,701 2019 Net Income = $55,852 2020 Net Income = $83,735 Calculate DOL: (Enter your answer with 2 decimal places)
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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