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Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.

Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.

FINANCIAL ACCOUNTING
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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NNita Corporation Comparative Income Statements For the years ended December 31, 2025 2021 2022 2023 2024 2025 Sales 1,710 1,722 2,415 2,700 3,001 Less: Cost of good sold 1,252 1,300 1,699 1,930 2,200 Gross Profit 458 422 716 770 801 Less : Distribution Costs 228 237 370 424 510 Administrative Expenses 100 109 160 165 188 Total Operating Expenses 328 346 530 589 698 Operating Income Less: Interest Expense 130 76 186 181 103 19 15 24 20 16 Net Income before taxes 111 61 162 161 87 Less: Income Tax 39 21 57 56 23 Net Income after Taxes 72 40 105 105 64 TREND ANALYSIS STATEMENT OF FINANCIAL POSITION 2021 2022 2023 2024 2025 Assets Current Assets Cash & Cash Equivalent 100 209 211 263 295 Trade & Other Receivable 100 36 37 37 44 Inventory 100 76 87 101 110 Prepaid Expenses 100 113 124 139 131 Total Current Assets 100 116 121 131 129 Noncurrent Assets 100 95 103 115 118 Property, Plant & Equipment Intangibles Total Noncurrent Asset 100 152 164 169 169 TOTAL ASSETS 100 152 164 169 169 100 115 124 134 136 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Trade & Other Payables Unearned Revenues 100 94 90 79 84 Notes Payable - current Total Current Liabialities 100 185 154 111 74 100 26 35 50 42 Noncurrent Liabilities 100 96 89 78 73 Notes Payable-noncurrent Total Liabilities 100 163 147 139 122 Shareholders'Equity 100 118 109 99 90 Preference Shares P100 par Ordinary Shares, P1 par Premium on Ordinary Shares Total Paid-in- Capital 100 121 146 146 146 100 181 252 252 252 100 130 160 160 160 Retained Earnings 100 79 83 150 177 Total Shareholders' Equity 100 113 134 157 166 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 100 115 124 134 136 Trend Analysis of Income Statements 2021 2022 2023 2024 2025 Sales 100 101 141 158 175 LEss: Cost of good sold 100 104 136 154 176 Gross Profit 100 92 156 168 175 Less: Distribution Costs 100 104 162 186 224 Administrative Expenses 100 109 160 165 188 Total Operating Expenses 100 105 162 180 213 Operating Income Less: Interest Expense 100 58 143 139 79 100 79 126 105 84 Net Income before taxes 100 55 146 145 78 Less: Income Tax 100 54 146 144 59 Net Income after Taxes 100 56 146 146 89 Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.
Transcribed Image Text:NNita Corporation Comparative Income Statements For the years ended December 31, 2025 2021 2022 2023 2024 2025 Sales 1,710 1,722 2,415 2,700 3,001 Less: Cost of good sold 1,252 1,300 1,699 1,930 2,200 Gross Profit 458 422 716 770 801 Less : Distribution Costs 228 237 370 424 510 Administrative Expenses 100 109 160 165 188 Total Operating Expenses 328 346 530 589 698 Operating Income Less: Interest Expense 130 76 186 181 103 19 15 24 20 16 Net Income before taxes 111 61 162 161 87 Less: Income Tax 39 21 57 56 23 Net Income after Taxes 72 40 105 105 64 TREND ANALYSIS STATEMENT OF FINANCIAL POSITION 2021 2022 2023 2024 2025 Assets Current Assets Cash & Cash Equivalent 100 209 211 263 295 Trade & Other Receivable 100 36 37 37 44 Inventory 100 76 87 101 110 Prepaid Expenses 100 113 124 139 131 Total Current Assets 100 116 121 131 129 Noncurrent Assets 100 95 103 115 118 Property, Plant & Equipment Intangibles Total Noncurrent Asset 100 152 164 169 169 TOTAL ASSETS 100 152 164 169 169 100 115 124 134 136 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Trade & Other Payables Unearned Revenues 100 94 90 79 84 Notes Payable - current Total Current Liabialities 100 185 154 111 74 100 26 35 50 42 Noncurrent Liabilities 100 96 89 78 73 Notes Payable-noncurrent Total Liabilities 100 163 147 139 122 Shareholders'Equity 100 118 109 99 90 Preference Shares P100 par Ordinary Shares, P1 par Premium on Ordinary Shares Total Paid-in- Capital 100 121 146 146 146 100 181 252 252 252 100 130 160 160 160 Retained Earnings 100 79 83 150 177 Total Shareholders' Equity 100 113 134 157 166 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 100 115 124 134 136 Trend Analysis of Income Statements 2021 2022 2023 2024 2025 Sales 100 101 141 158 175 LEss: Cost of good sold 100 104 136 154 176 Gross Profit 100 92 156 168 175 Less: Distribution Costs 100 104 162 186 224 Administrative Expenses 100 109 160 165 188 Total Operating Expenses 100 105 162 180 213 Operating Income Less: Interest Expense 100 58 143 139 79 100 79 126 105 84 Net Income before taxes 100 55 146 145 78 Less: Income Tax 100 54 146 144 59 Net Income after Taxes 100 56 146 146 89 Instruction: Can you do Tred Analysis for NNita Corporation; You need to present the following analyses, Interpretation and conclusisons for Liquidity and Solvency, Stability and Long-term Financial Position; Operating Efficiency and Profitability then Implication to Management.
NNita Corporation Comparative Statements of Financial Position December 31, 2021 to 2025 2021 2022 2023 2024 2025 Assets Current Assets Cash & Cash Equivalent 57 119 120 150 168 Trade & Other Receivables 208 75 77 77 91 Inventory 530 403 462 535 585 Prepaid Expenses 390 441 485 542 509 Total Current Assets 397 459 479 520 512 Noncurrent Assets 1,582 1,497 1,623 1,824 1,865 Property, Plant & Equipment Intangible Total Noncurrent Assets 860 1,310 1,410 1,450 1,456 TOTAL ASSETS 860 1,410 1,450 1,456 1,310 2,807 2,442 3,033 3,274 3,321 Liabilities and Shareholders' Equity Current Liabilities Trade & Other Payables Unearned Revenues 380 358 342 299 319 Notes Payable - current 114 211 175 126 84 Total Current Liabilities 140 37 49 70 59 NonCurrent Liabilities Notes Payable - noncurrent 634 606 566 495 462 Total Liabilities 326 531 478 454 399 Shareholder's Equity 960 1,137 1,044 949 861 Preference Shares P100 par Ordinary Share, P1par Premium on Ordinary Shares Total Paid-in-Capital 848 1,030 1,235 1.235 1,235 135 245 340 340 340 983 1,275 1,575 1,575 1,575 Retained Earnings Total Shareholders' Equity 499 395 414 750 885 1,482 1,670 1,989 2,352 2,460 TOTAL LIABILITIES & SHAREHOLDERS' 2,442 2,807 3,033 3,274 3,321 EQUITY
Transcribed Image Text:NNita Corporation Comparative Statements of Financial Position December 31, 2021 to 2025 2021 2022 2023 2024 2025 Assets Current Assets Cash & Cash Equivalent 57 119 120 150 168 Trade & Other Receivables 208 75 77 77 91 Inventory 530 403 462 535 585 Prepaid Expenses 390 441 485 542 509 Total Current Assets 397 459 479 520 512 Noncurrent Assets 1,582 1,497 1,623 1,824 1,865 Property, Plant & Equipment Intangible Total Noncurrent Assets 860 1,310 1,410 1,450 1,456 TOTAL ASSETS 860 1,410 1,450 1,456 1,310 2,807 2,442 3,033 3,274 3,321 Liabilities and Shareholders' Equity Current Liabilities Trade & Other Payables Unearned Revenues 380 358 342 299 319 Notes Payable - current 114 211 175 126 84 Total Current Liabilities 140 37 49 70 59 NonCurrent Liabilities Notes Payable - noncurrent 634 606 566 495 462 Total Liabilities 326 531 478 454 399 Shareholder's Equity 960 1,137 1,044 949 861 Preference Shares P100 par Ordinary Share, P1par Premium on Ordinary Shares Total Paid-in-Capital 848 1,030 1,235 1.235 1,235 135 245 340 340 340 983 1,275 1,575 1,575 1,575 Retained Earnings Total Shareholders' Equity 499 395 414 750 885 1,482 1,670 1,989 2,352 2,460 TOTAL LIABILITIES & SHAREHOLDERS' 2,442 2,807 3,033 3,274 3,321 EQUITY
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