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INCOME STATEMENT Net sales Membership & other income Total revenues Cost of sales Gross Margin Selling, general & administrative expenses Operating Income BALANCE SHEET Assets Cash & cash equivalents Receivables, net Inventories Retailer 1 Common Size $ Millions 605881 5408 Financials% $ Millions Retailer 2 Common Size Financials % Retailer 3 $ Millions Common Size Financials % 100.0% 0.9% 237710 4580 100.0% 1.9% 107588 100.0% 1532 1.4% 611289 100.9% 242290 101.9% 109120 101.4% 463721 76.5% 212586 89.4% 82229 76.4% 147586 24.4% 29704 12.5% 26891 25.0% 12714 2.1% 21590 9.1% 23043 21.4% 20428 3.4% 8114 3.4% 3848 3.6% 8625 3.5% 15234 22.1% 2229 4.2% 7933 3.3% 2285 3.3% 1695 3.2% 56576 23.3% 16651 24.1% 13499 25.3% Other current assets 2521 1.0% 1709 2.5% 423 0.8% Total current assets 75655 31.1% 35879 52.0% 17846 33.5% Fixed/ Long Term Assets 167542 68.9% 33115 48.0% 35489 66.5% Total Assets 243197 100.0% 68994 100.0% 53335 100.0% Liabilities Total current liabilities Long Term Liabilities Total Liabilities 92198 37.9% 6254 9.1% 19500 36.6% 67245 27.7% 37682 54.6% 22603 42.4% 159443 65.6% 43936 63.7% 42103 78.9% Total Equity 83754 34.4% 25058 36.3% 11232 21.1% Total Liabilities + Equity 243197 100.0% 68994 100.0% 53335 100.0% Complete the Common Size Financial Statements for all three retailers. (See Ch 2 p 69-71). Calculate % to 1 decimal point. Example 23.1% Calculate the following Financial Ratios for all three retailers (See Apendix to Ch 2 p 82-85) Profitability Asset Productivity Financial Leverage ROE 0.034 0.034 0.036 2.491 3.445 2.017 2.904 2.753 4.748 21.1% 32.1% 31.3%

INCOME STATEMENT Net sales Membership & other income Total revenues Cost of sales Gross Margin Selling, general & administrative expenses Operating Income BALANCE SHEET Assets Cash & cash equivalents Receivables, net Inventories Retailer 1 Common Size $ Millions 605881 5408 Financials% $ Millions Retailer 2 Common Size Financials % Retailer 3 $ Millions Common Size Financials % 100.0% 0.9% 237710 4580 100.0% 1.9% 107588 100.0% 1532 1.4% 611289 100.9% 242290 101.9% 109120 101.4% 463721 76.5% 212586 89.4% 82229 76.4% 147586 24.4% 29704 12.5% 26891 25.0% 12714 2.1% 21590 9.1% 23043 21.4% 20428 3.4% 8114 3.4% 3848 3.6% 8625 3.5% 15234 22.1% 2229 4.2% 7933 3.3% 2285 3.3% 1695 3.2% 56576 23.3% 16651 24.1% 13499 25.3% Other current assets 2521 1.0% 1709 2.5% 423 0.8% Total current assets 75655 31.1% 35879 52.0% 17846 33.5% Fixed/ Long Term Assets 167542 68.9% 33115 48.0% 35489 66.5% Total Assets 243197 100.0% 68994 100.0% 53335 100.0% Liabilities Total current liabilities Long Term Liabilities Total Liabilities 92198 37.9% 6254 9.1% 19500 36.6% 67245 27.7% 37682 54.6% 22603 42.4% 159443 65.6% 43936 63.7% 42103 78.9% Total Equity 83754 34.4% 25058 36.3% 11232 21.1% Total Liabilities + Equity 243197 100.0% 68994 100.0% 53335 100.0% Complete the Common Size Financial Statements for all three retailers. (See Ch 2 p 69-71). Calculate % to 1 decimal point. Example 23.1% Calculate the following Financial Ratios for all three retailers (See Apendix to Ch 2 p 82-85) Profitability Asset Productivity Financial Leverage ROE 0.034 0.034 0.036 2.491 3.445 2.017 2.904 2.753 4.748 21.1% 32.1% 31.3%

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 67.2C: CONTINUING PROBLEM: FRONT ROW ENTERTAINMENT The income statement and comparative balance sheet for...
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Which retailer do you think is mosy likely Walmart, which one is Costco, and which ones is Target? and why do you think that based on the finanacials? 

INCOME STATEMENT Net sales Membership & other income Total revenues Cost of sales Gross Margin Selling, general & administrative expenses Operating Income BALANCE SHEET Assets Cash & cash equivalents Receivables, net Inventories Retailer 1 Common Size $ Millions 605881 5408 Financials% $ Millions Retailer 2 Common Size Financials % Retailer 3 $ Millions Common Size Financials % 100.0% 0.9% 237710 4580 100.0% 1.9% 107588 100.0% 1532 1.4% 611289 100.9% 242290 101.9% 109120 101.4% 463721 76.5% 212586 89.4% 82229 76.4% 147586 24.4% 29704 12.5% 26891 25.0% 12714 2.1% 21590 9.1% 23043 21.4% 20428 3.4% 8114 3.4% 3848 3.6% 8625 3.5% 15234 22.1% 2229 4.2% 7933 3.3% 2285 3.3% 1695 3.2% 56576 23.3% 16651 24.1% 13499 25.3% Other current assets 2521 1.0% 1709 2.5% 423 0.8% Total current assets 75655 31.1% 35879 52.0% 17846 33.5% Fixed/ Long Term Assets 167542 68.9% 33115 48.0% 35489 66.5% Total Assets 243197 100.0% 68994 100.0% 53335 100.0% Liabilities Total current liabilities Long Term Liabilities Total Liabilities 92198 37.9% 6254 9.1% 19500 36.6% 67245 27.7% 37682 54.6% 22603 42.4% 159443 65.6% 43936 63.7% 42103 78.9% Total Equity 83754 34.4% 25058 36.3% 11232 21.1% Total Liabilities + Equity 243197 100.0% 68994 100.0% 53335 100.0% Complete the Common Size Financial Statements for all three retailers. (See Ch 2 p 69-71). Calculate % to 1 decimal point. Example 23.1% Calculate the following Financial Ratios for all three retailers (See Apendix to Ch 2 p 82-85) Profitability Asset Productivity Financial Leverage ROE 0.034 0.034 0.036 2.491 3.445 2.017 2.904 2.753 4.748 21.1% 32.1% 31.3%
Transcribed Image Text:INCOME STATEMENT Net sales Membership & other income Total revenues Cost of sales Gross Margin Selling, general & administrative expenses Operating Income BALANCE SHEET Assets Cash & cash equivalents Receivables, net Inventories Retailer 1 Common Size $ Millions 605881 5408 Financials% $ Millions Retailer 2 Common Size Financials % Retailer 3 $ Millions Common Size Financials % 100.0% 0.9% 237710 4580 100.0% 1.9% 107588 100.0% 1532 1.4% 611289 100.9% 242290 101.9% 109120 101.4% 463721 76.5% 212586 89.4% 82229 76.4% 147586 24.4% 29704 12.5% 26891 25.0% 12714 2.1% 21590 9.1% 23043 21.4% 20428 3.4% 8114 3.4% 3848 3.6% 8625 3.5% 15234 22.1% 2229 4.2% 7933 3.3% 2285 3.3% 1695 3.2% 56576 23.3% 16651 24.1% 13499 25.3% Other current assets 2521 1.0% 1709 2.5% 423 0.8% Total current assets 75655 31.1% 35879 52.0% 17846 33.5% Fixed/ Long Term Assets 167542 68.9% 33115 48.0% 35489 66.5% Total Assets 243197 100.0% 68994 100.0% 53335 100.0% Liabilities Total current liabilities Long Term Liabilities Total Liabilities 92198 37.9% 6254 9.1% 19500 36.6% 67245 27.7% 37682 54.6% 22603 42.4% 159443 65.6% 43936 63.7% 42103 78.9% Total Equity 83754 34.4% 25058 36.3% 11232 21.1% Total Liabilities + Equity 243197 100.0% 68994 100.0% 53335 100.0% Complete the Common Size Financial Statements for all three retailers. (See Ch 2 p 69-71). Calculate % to 1 decimal point. Example 23.1% Calculate the following Financial Ratios for all three retailers (See Apendix to Ch 2 p 82-85) Profitability Asset Productivity Financial Leverage ROE 0.034 0.034 0.036 2.491 3.445 2.017 2.904 2.753 4.748 21.1% 32.1% 31.3%
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