Chapter 13, Problem 1BTN

1.

To determine

Compute trend percent for fiscal years 2013, 2014, and 2015 for net sales, cost of sales, operating income, other income (expense) net, provision for income tax, and net income.

2.

To determine

Compute common-size percent for fiscal years 2014 and 2015 for the following categories of assets: (a) total current assets, (b) property, plant and equipment, net; and (c) goodwill plus acquired intangible assets, net.

3.

To determine

Comment on any notable changes across the years for the income statement trends computed in requirement 1 and the balance sheet percent computed in requirement 2.

4(1)

To determine

Compute trend percent for fiscal years 2013, 2014, and 2015 for net sales, cost of sales, operating income, other income (expense) net, provision for income tax, and net income.

4(2)

To determine

Compute common-size percent for fiscal years 2015 and 2016 for the following categories of assets: (a) total current assets, (b) property, plant and equipment, net; and (c) goodwill plus acquired intangible assets, net.

4(3)

To determine

Comment on any notable changes across the years for the income statement trends computed in requirement 1 and the balance sheet percent computed in requirement 2.