% Change250.4013.4%131.956.8%118.4521.7%65.5018.4%Operating Income52.9526.1%Interest Expense13.3030.4%Income Tax Expense12.605.9%Net Income27.0535.9%You have been analyzing your company's performance over the past few years and decided to conduct a horizontal analysis. Your results are above.1. Some of the results are causing you concern. What are these and why do they concern you?2. What caused your Net Income to increase so much more than the increase in Net Sales?Income Statement ($M)Net SalesCost of Goods SoldGross ProfitSG&A Expenses20212020220.80123.5097.3055.3042.0010.2011.9019.90

When all costs and expenses are deducted from net sales, it results net income. So, net income can…

ome Statement (SM) Sales 250.40 of Goods Sold 131.95 ss Profit 118.45 A Expenses 65.50 rating Income 52.95 est Expense 13.30 30.4% me Tax Expense 12.60 5.9% Income 27.05 35.9% have been analyzing your company's performance over the past few years and decided to conduct a horizon 1. Some of the results are causing you concern. What are these and why do they concern you? 2. What caused your Net Income to increase so much more than the increase in Net Sales? 2021 2020 % Change 13.4% 6.8% 21.7% 18.4% 26.1% 220.80 123.50 97.30 55.30 42.00 10.20 11.90 19.90

ome Statement (SM) Sales 250.40 of Goods Sold 131.95 ss Profit 118.45 A Expenses 65.50 rating Income 52.95 est Expense 13.30 30.4% me Tax Expense 12.60 5.9% Income 27.05 35.9% have been analyzing your company's performance over the past few years and decided to conduct a horizon 1. Some of the results are causing you concern. What are these and why do they concern you? 2. What caused your Net Income to increase so much more than the increase in Net Sales? 2021 2020 % Change 13.4% 6.8% 21.7% 18.4% 26.1% 220.80 123.50 97.30 55.30 42.00 10.20 11.90 19.90

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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describe our projected business plan, is there net income or net loss, will our business gain more profit, yes or no and why, explain everything
Calculate materiality for the client, assuming that it is a profit-oriented company and moderate audit risk. Explain why you chose the base you did and why you chose the percentage. You may use guidelines from the textbook or the case study and should refer to the specific guidelines you used in your answer. Current Year Prior Year Sales/revenue (net) 30,381,954 26,290,518 Expenses 7,263,786 6,519,376 Gross Margin 8,378,660 7,280,887 Pre-tax Income 1,114,873 761,510 Current Assets 18,993,546 16,966,273 Current Liabilities 8,221,991 6,810,164 Total Assets 19,679,541 17,670,625
Please answer very fast then i ll upvote Calculate EBIT. Revenue 1,061,751.0 Cost of sales 690,135.0 Selling, general and administration 53,087.0 Other income 11,796.0 Operating income 330,325.0 Interest expense 19,874.0 Profit before tax 310,451.0 Tax expense 46,500.0 Net income 263,951.0 The footnotes mention the following: Cost of sales includes inventory write off costs 39,677.0 Cost of sales includes distribution costs 120,458.0 SG&A includes corporate restructuring expenses 15,570.0 Responses 385,572.0 275,078.0 330,325.0 506,030.0
Compute profit margin for each of the 3 separate companies. Which company is the most profitable based on the profit margin ratio? Net income Net sales Total assets Kerr $ 6,450 43,000 48,000 Jax $ 1,640 41,000 45,000 Profit Margin Conclusion Bron $ 3,420 38,000 43,000 Complete this question by entering your answers in the tabs below. Compute profit margin for each of the 3 separate companies. Company Profit Margin (%) Kerr Jax Bron
Assume that a company has decided to include "employee turnover" and "residual income" as performance measures within its balance scorecard. Which of the following choices reflects management's most likely expectations regarding how these measures should change over time? A) B) C) D) Employee turnover Increase Increase Decrease Decrease Multiple Choice. O O O O Choice A Choice B Choice C Choice D Residual Income Increase Decrease Increase Decrease
The following information relates to a company for two periods: year 1; profit- GHC131250, sales- GHC1375000; year 2; profit- 225000, sales- GHC1750000. What is the sales level to earn a profit of GHC262500? O A. GHC2000000 OB. GHC1500000 OC. GHC1900000 D. GHC1000000
i need the answer quickly
PROBLEM 11-17 Return on Investment (ROI) and Residual Income LO11-1, LO11-2 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 140,000 $ 120,000 Accounts receivable 450,000 530,000 Inventory 320,000 380,000 Plant and equipment, net 680,000 620,000 Investment in Buisson, S.A. 280,000 170,000 250,000 Land (undeveloped) 180,000 Total assets $2,020,000 $2,100,000 Liabilities and Stockholders' Equity Accounts payable. $ 360,000 $ 310,000 Long-term debt Stockholders' equity 1,500,000 1,500,000 160,000 290,000 Total liabilities and stockholders' equity $2,020,000 $2,100,000 Joel de Paris, Inc. Income Statement Sales $4,050,000 Operating expenses Net operating income 3,645,000 405,000 Interest and taxes: Interest expense $150,000 Таx expense 110,000 260,000 Net income $ 145,000 The company paid dividends of $15,000 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an…
Why is comparison with industry averages helpful when analyzing financial statements? Question 9 options: a. Companies want to be average b. Serves as a base line for comparison with similar companies of larger/smaller size c. Management bonuses are based on averages d. Helpful in evaluating sales campaigns

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