Enrichment Activity 7-1. Vertical Analysis Complete the vertical analysis of Financial Performance of Alegres Santos' Groceries: (Use percentages in two decimal places.) Alegres Santos' Groceries Statement of Financial Performance For the years ended December 31 2021 2010 Amount Percent Amount Percent Net Sales Less: Cost of Goods Sold Gross Profit 802,750 460,200 1). P 671,179 381,900 9) 289,279 10) 185,660 11) 103,619 12) 38,000 13) 65,619 14) 19,686 15) 45,933 16) 100.00% 100.00% Less: Operating Expenses Operating Income Less: Finance Costs Net Income before Tax Less: Income Tax Net Income after Tax 342,550 2) 233,670 3) 108,880 4) 45,000 5) 63,880 6) 19,164 7) 44,716 8) P P P Write your interpretation and analysis in no less than four sentences.
Enrichment Activity 7-1. Vertical Analysis Complete the vertical analysis of Financial Performance of Alegres Santos' Groceries: (Use percentages in two decimal places.) Alegres Santos' Groceries Statement of Financial Performance For the years ended December 31 2021 2010 Amount Percent Amount Percent Net Sales Less: Cost of Goods Sold Gross Profit 802,750 460,200 1). P 671,179 381,900 9) 289,279 10) 185,660 11) 103,619 12) 38,000 13) 65,619 14) 19,686 15) 45,933 16) 100.00% 100.00% Less: Operating Expenses Operating Income Less: Finance Costs Net Income before Tax Less: Income Tax Net Income after Tax 342,550 2) 233,670 3) 108,880 4) 45,000 5) 63,880 6) 19,164 7) 44,716 8) P P P Write your interpretation and analysis in no less than four sentences.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Mallings
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Enrichment Activity 7-1. Vertical Analysis
Complete the vertical analysis of Financial Performance of Alegres Santos'
Groceries: (Use percentages in two decimal places.)
Alegres Santos' Groceries
Statement of Financial Perfor mance
For the years ended December 31
2021
2010
Amount
Percent
Amount
Percent
Net Sales
Less: Cost of Goods Sold
Gross Profit
Less: Operating Expenses
Operating Income
Less: Finance Costs
Net Income before Tax
Less: Income Tax
Net Income after Tax
802,750
460,200 1)
342,550 2)
233,670 3),
108,880 4)
45,000 5)
63,880 6)
19,164 7)
44,716 8)
671,179
381,900 9)
289,279 10)
185,660 11)
103,619 12)
38,000 13)
65,619 14)
19,686 15).
45,933 16)
100.00%
100.00%
P
P
Write your interpretation and analysis in no less than four sentences.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F142e87f6-a84d-4b55-ad57-6cf021cd9dcc%2F8509d8a8-0af3-41c7-9303-31ac3b8070dc%2F40eo35v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Mallings
Review
View
Help
Enrichment Activity 7-1. Vertical Analysis
Complete the vertical analysis of Financial Performance of Alegres Santos'
Groceries: (Use percentages in two decimal places.)
Alegres Santos' Groceries
Statement of Financial Perfor mance
For the years ended December 31
2021
2010
Amount
Percent
Amount
Percent
Net Sales
Less: Cost of Goods Sold
Gross Profit
Less: Operating Expenses
Operating Income
Less: Finance Costs
Net Income before Tax
Less: Income Tax
Net Income after Tax
802,750
460,200 1)
342,550 2)
233,670 3),
108,880 4)
45,000 5)
63,880 6)
19,164 7)
44,716 8)
671,179
381,900 9)
289,279 10)
185,660 11)
103,619 12)
38,000 13)
65,619 14)
19,686 15).
45,933 16)
100.00%
100.00%
P
P
Write your interpretation and analysis in no less than four sentences.
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