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NOTE: PLEASE ANSWER A, B, C AND D ONLY!!! ASAP

NOTE: PLEASE ANSWER A, B, C AND D ONLY!!! ASAP

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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NOTE: PLEASE ANSWER A, B, C AND D ONLY!!! ASAP
1. From the comparative statement of Super Corporation, prepare a. Trend Analysis b. Vertical Analysis c. Comment on the proportion of cost of sales and operating expenses d. Comment on the efficiency of the firm's operation using - e. Com asset turnover, inventory turnover, and, ears per share the liquidity position of th (Round all computations to 3 decimal places.) current ratio f. Comment on the lever position of firm's using - and debt-equity ratio equity 8. Comment on the profitability of the firm's using - Net Sales (85% on credit) Cost of goods sold Operating expenses Income tax Net Income gross profit rate, earnings per share, and net profit margin Cash Receivables Inventories Prepayments Property & Equipment, net Investments Total Assets avernection period Accounts payable Accrued expenses Current loans payable Long-term debts Capital Stock, P100 par Retained earnings Total Equities P P P 2023 650,000 540,000 58,000 13,000 39,000 2023 20,000 65,000 60,000 12,500 245,000 160,000 562,500 22,500 21,450 65,000 225,000 150,000 78,550 562,500 P P P 2022 550,000 450,000 55,000 11,250 33,750 2022 25,000 60,000 72,500 11,250 225,000 155,000 548,750 37,500 23,500 45,000 290,000 125,000 27,750 548,750 P P P 2021 600,000 500,000 38,000 15,500 46,500 2021 22,500 58,750 58,000 10,750 210,000 150,000 510,000 21,450 18,750 65,000 255,000 120,000 29,800 510,000
Transcribed Image Text:1. From the comparative statement of Super Corporation, prepare a. Trend Analysis b. Vertical Analysis c. Comment on the proportion of cost of sales and operating expenses d. Comment on the efficiency of the firm's operation using - e. Com asset turnover, inventory turnover, and, ears per share the liquidity position of th (Round all computations to 3 decimal places.) current ratio f. Comment on the lever position of firm's using - and debt-equity ratio equity 8. Comment on the profitability of the firm's using - Net Sales (85% on credit) Cost of goods sold Operating expenses Income tax Net Income gross profit rate, earnings per share, and net profit margin Cash Receivables Inventories Prepayments Property & Equipment, net Investments Total Assets avernection period Accounts payable Accrued expenses Current loans payable Long-term debts Capital Stock, P100 par Retained earnings Total Equities P P P 2023 650,000 540,000 58,000 13,000 39,000 2023 20,000 65,000 60,000 12,500 245,000 160,000 562,500 22,500 21,450 65,000 225,000 150,000 78,550 562,500 P P P 2022 550,000 450,000 55,000 11,250 33,750 2022 25,000 60,000 72,500 11,250 225,000 155,000 548,750 37,500 23,500 45,000 290,000 125,000 27,750 548,750 P P P 2021 600,000 500,000 38,000 15,500 46,500 2021 22,500 58,750 58,000 10,750 210,000 150,000 510,000 21,450 18,750 65,000 255,000 120,000 29,800 510,000
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