International Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K. $ millions 2018 2017 2016 Total revenue $79,591 $79,139 $79,919 Research, development and engineering expense 5,379 5,590 5,726 Number of new patents awarded 9,100 9,043 8,088 Required a. Calculate IBM’s common‑size research, development and engineering expense for each year. What pattern do we observe? Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). 2018 2017 2016 RD&E expense common-size Answer Answer Answer

International Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K. $ millions 2018 2017 2016 Total revenue $79,591 $79,139 $79,919 Research, development and engineering expense 5,379 5,590 5,726 Number of new patents awarded 9,100 9,043 8,088 Required a. Calculate IBM’s common‑size research, development and engineering expense for each year. What pattern do we observe? Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). 2018 2017 2016 RD&E expense common-size Answer Answer Answer

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...

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$ millions	2018	2017	2016
Total revenue	$79,591	$79,139	$79,919
Research, development and engineering expense	5,379	5,590	5,726
Number of new patents awarded	9,100	9,043	8,088

	2018	2017	2016
RD&E expense common-size	Answer	Answer	Answer

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Research and Development ExpenseInternational Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K. $ millions 2018 2017 2016 Total revenue $79,591 $79,139 $79,919 Research, development and engineering expense 5,379 5,590 5,726 Number of new patents awarded 9,100 9,043 8,088 b. Compute the research, development and engineering expense per new patent for each year. What pattern do we observe?Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). 2018 2017 2016 RD&E per patent as a percentage Answer Answer Answer
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2018 Total industry assets = STANBIC + BARCLAYS = 6,205,018 + 8,994,562 = 15,199,580Concentration of STANBIC = 6,205,018 / 15,199,580 = 0.408236 = 0.41 = 41%Concentration of BARCLAYS = 8,994,562 / 15,199,580 = 0.591764 = 0.59 = 59% 2019Total industry assets = STANBIC + ASBA = 9,295,682 + 11,772,546 = 21,068,228Concentration of STANBIC = 9,295,682 / 21,068,228 = 0.441218 = 0.44 = 44%Concentration of ASBA = 11,772,546 / 21,068,228 = 0.558782 = 0.56 = 56% 2020Total industry assets = STANBIC + ASBA =12,742,132 + 12,546,473 = 25,288,605Concentration of STANBIC = 12,742,132 / 25,288,605 = 0.503869 = 0.50 = 50%Concentration of ASBA = 12,546,473 / 25,288,605 =0.496131= 0.50 = 50% Based on the five-firm concentration ratios calculated in above, determine the level of competition
Operating and Nonoperating Items in Boston Scientific's Income Statement EXHIBIT 3.6 For Year Ended December 31, S mllllons 2018 2017 2016 $9,823 2,813 $9,048 2,593 $8,386 2,424 Net sales Cost of products sold Gross profit. Operating expenses Selllng, general and admlnlstratlve expenses. Research and development expenses Royalty expense Amortlzatlon expense Intanglble asset Impalrment charges. ContIngent conslderatlon expense (beneflt) Restructurlng charges. Litigatlon-related charges 7,010 6,455 5,962 3,569 3,294 3,099 1,113 997 920 70 68 79 599 565 545 35 11 (21) (80) 29 36 37 28 103 285 804 Operating expenses 5,504 5,170 5,515 Operating income Other expense (income) Interest expense 1,506 1,285 447 241 229 233 Other expense (income), net. (156) 124 37 1,422 (249) Income before income taxes 932 177 Income tax expense (benefit) . 828 (170) Net income $1,671 24 104 2$ 347 Calculate the profit margin ratio for 2016
Calculate the asset efficiency - receivables, inventory, fixed asset and total asset turnover ratios
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31. Use the following information for questions 31 to 33 La Puebla Company complied the following financial information as of December 31, 2021: P140,000 P105,000 P40,000 P125,000 P35,000 Revenues La Puebla Capital (1/1/2021) Equipment Expenses Cash La Puebla Drawings Supplies Accounts Payable P10,000 P5,000 P20,000 P15,000 Accounts Receivable La Puebla's total assets on December 31, 2021 are P235,000 P170,000 P80,000 P95,000 32. La Puebla's owner's equity on December 31, 2021 is P105,000 P110,000 P80,000 P120,000 33. La Puebla's Total Current Assets on December 31, 2021 is P65,000 P55,000 P50,000 P70,000
Problem 17-8 (AICPA Adapted) Sandy Company reported the following comparative statement of financial position at year-end: 2020 Assets 150,000 Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Property, plant and equipment Accumulated depreciation 000'07 000'060'I 000'098 000'0 3,620,000 4,300,000 840,000) 720,000) 5,120,000 4,210,000 Liabilities and Equity Accounts payable Salaries payable Income tax payable Accrued interest payable Bonds payable Share capital Retained earnings Treasury shares 400,000 000'0 000'ss 000's 000'009 000'0 000 3,050,000 1,100,000 140,000) 3,050,000 760,000 5,120,000 4,210,00
Operating and Nonoperating Items in Boston Scientific's Income Statement EXHIBIT 3.6 For Year Ended December 31, S mllllons 2018 2017 2016 Net sale . Cost of products sold $9,823 $9,048 2,593 $8,386 2,424 2,813 Gross profit. Operating expenses Selllng, general and admlnIstratlve expenses. Research and development expenses Royalty expense Amortlzatlon expense Intanglble asset Impalrment charges ContIngent conslderatlon expense (beneflt) . RestructurIng charges. LItigatlon-related charges 7,010 6,455 5,962 3,569 1,113 3,294 3,099 997 920 70 68 79 599 565 545 35 4 11 (21) (80) 29 36 37 28 103 285 804 Operating expenses - 5,504 5,170 5,515 Operating income . Other expense (income) Interest expense 1,506 1,285 447 241 229 233 Other expense (income), net. (156) 124 37 Income before income taxes 1,422 932 177 Income tax expense (benefit) . (249) 828 (170) Net income. $1,671 $ 104 $ 347 Calculate the operating expense margin ratio for 2016
Shouldn't the operating expenses for 2020 be 8074.9? Forecasting an Income StatementADP reports the following income statement. AUTOMATIC DATA PROCESSING INC.Statement of Consolidated EarningsFor Year Ended June 30, 2019, $ millions Total revenues $14,175.2 Operating expenses 7,145.9 Systems development and programming costs 636.3 Depreciation and amortization 304.4 Total cost of revenues 8,086.6 Selling, general, and administrative expenses 3,064.2 Interest expense 129.9 Total expenses 11,280.7 Other income expense, net 111.1 Earnings before income taxes 3,005.6 Provision for income taxes 712.8 Net earnings $ 2,292.8 Forecast ADP’s 2020 income statement assuming the following income statement relations. All percentages (other than total revenue growth and provision for income taxes) are based on historic percent of total revenues. Total revenues growth 13% Depreciation and amortization $460.5 million Interest expense No change Other…
P14-5 L03, 4, 5, 6, 7 Comparing Alternative Investment Opportunities (AP14-4) The 2012 financial statements for the Price and Waterhouse companies are summarized here: cel Price Company Waterhouse Company www.mhhe.com/libby7e Balance Sheet Cash $ 41,000 $ 21,000 Accounts receivable (net) Inventory Operational assets (net) Other assets 38,000 31,000 99,000 40.000 140,000 84,000 401,000 305,000 Total assets $402,000 $798.000 $99,000 $49,000 60,000 Current liabilities Long-term debt (10%) Capital stock (par $10) Contributed capital in excess of par Retained earnings 65,000 148.000 512,000 29,000 106.000 61,000 71,000 Total liabilities and stockholders' equity $402,000 $798,000 continued 728 CHAPTER 14 Analyzing Financial Statements Price Company Waterhouse Company Income Statement Sales revenue (1/3 on credit) Cost of goods sold Expenses (including interest and income tax) $447,000 (241,000) (161,000) $802.000 (398,000) (311,000) Net income $ 45,000 $ 93,000 Selected data from the 2011…
Provide a paragraph summary of the following figures