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TREN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) AMOUNT 2015 2014 PERCENT 400,000 280,000 120,000 Sales 480,000 Less: Cost of good sold 364,000 Gross Income 116,000 15,000 131,000 12,400 14,400 Add: Total Income Other Income 9,600 129,600 Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 71,866 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes Required: Horizontal Analysis a. Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations 1. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.

TREN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) AMOUNT 2015 2014 PERCENT 400,000 280,000 120,000 Sales 480,000 Less: Cost of good sold 364,000 Gross Income 116,000 15,000 131,000 12,400 14,400 Add: Total Income Other Income 9,600 129,600 Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 71,866 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes Required: Horizontal Analysis a. Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations 1. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.

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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Please help me to answer the vertical analysis :)

TRÊN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) 2015 2014 AMOUNT PERCENT Sales 400,000 280,000 120,000 9,600 129,600 480,000 Cost of good sold 364,000 116,000 15,000 131,000 12,400 14,400 Less: Gross Income Add: Other Income Total Income Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes 71,866 Required: Horizontal Analysis Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations 1. а. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.
Transcribed Image Text:TRÊN Corporation Comparative Income Statements For the years ended December 31, 2015 & 2014 (in Thousand pesos) Increase (decrease) 2015 2014 AMOUNT PERCENT Sales 400,000 280,000 120,000 9,600 129,600 480,000 Cost of good sold 364,000 116,000 15,000 131,000 12,400 14,400 Less: Gross Income Add: Other Income Total Income Less: Other Expenses Finance Costs 19,000 (Interest) Total Expenses 26,800 104,200 32,334 19,000 110,600 35,392 75,208 Net Income before Taxes Less: Income Tax Net Income after Taxes 71,866 Required: Horizontal Analysis Horizontal Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations 1. а. с. 2. Vertical Analysis Vertical Analysis Computation b. Analysis and interpretation of your findings Draw the implications to management d. State your recommendations а. с.
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