Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Textbook Question
Chapter 15, Problem 4R
Prepare a ratio analysis for Global Technology for 2013. The following information is available for 2013:
The 2013 information should be entered in column B of the RATIOA2 worksheet. The 2012 information should be entered in column C. Save the revised file as RATIOA4. Print the worksheet when done.
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Problem 1
Balance Shet
Income Statement
PT. MaTaHtari
PT. MATAH+ari
For the year Ended December 31
For the year Ended December 31
2019
2018
ASSET
Sales Revenue
10.000.000.000
Cash
550.000.000
700.000.000
Cost of Good Sold
6.400.000.000
Marketable Securities
500.000.000
300.000.000
Gross Profit
Account Receivable
700.000.000
550.000.000
Inventory
750.000.000
650.000.00D
3.600000.000
Total Currevt Assit
2.500.000.000
2.200.000.000
Operating Expenses
Selling Expenses
200.000.000
Gross Fixed Asset
3.000.000.000
General & Administrative Expenses
150.000.000
4.000.000.000
Less : Accumulated Depreciation
Depreciation Expenses
250.000.000
500.000.000
200.000.000
Nett Fred Assit
Total Operating Expenses
3.500.000.000
2.800.000.000
600.000.000 Operating Profit
TOTAL ASSET
6.000.000.000
5.000.000.000
3.000.000.000 Interest Expenses
JABILITIBS E STOCKHOLDER'S…
Chapter 15 Solutions
Excel Applications for Accounting Principles
Ch. 15 - The comparative financial statements of Global...Ch. 15 - The comparative financial statements of Global...Ch. 15 - a. What information does a comparison of the...Ch. 15 - Prepare a ratio analysis for Global Technology for...Ch. 15 - Compare your printout from requirement 2 with your...Ch. 15 - With the 2013 data still on the screen, click the...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Similar questions
- Compare your printout from requirement 2 with your printout from requirement 4. From these two sets of ratios, what conclusions can be drawn concerning changes from 2012 and 2013?arrow_forwardezto.mheducation.com/ext/map/index.html?_con%3con&external_browser%=D0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253 From the French Instrument Corporation second-quarter report ended 2020, do a vertical analysis for the second quarter of 2020. (Input all answers as positive values except other (income) which should be indicated by a minus sign. Round your answers to the nearest hundredth percent.) FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) Second Quarter 2020 2019 Percent of net Net sales 6,691 2$ 6,944 Cost of sales 4,088 4,461 Gross margin 2,603 2,483 Expenses: Selling, general and administrative 1,844 1,782 Product development 174 164 Interest expense 97 122 Other (income), net (173) (100) Total expenses 1,942 1,968 661 515 Income before income taxes 264 208 Provision for income taxes %24 397 307 Net income %24 0.05 2$ 0.03 Net income…arrow_forward. Download Target’s 2021 annual report. Do this in one of two ways: Go to the Target.com website: Annual Reports and Archive (target.com). Make sure you use the 2021 report. Or use the Mergent Online library database: https://guides.rasmussen.edu/mergent. 2. Using Target’s annual report, record your findings in a written report. Use complete sentences in a report format. Double-space your report. The report should be 5 paragraphs. Include a brief introduction, report the requested information from the three paragraphs below, and write a summary paragraph. Include in-text citations and an APA format reference page. There should be at least one reference given for the 2021 annual report. FAQ citing an annual report from Mergent Online FAQ citing an annual report from a website. Paragraph one: The statements start on about page 38. Use the 2021 numbers. Using a table, record the total revenue, operating income, and net earnings for 2021. Using sentences, explain what these numbers…arrow_forward
- Please completearrow_forwardWhich of the following statements is true? Question 50 options: Exporting a report is useful for changing report formats. Importing the balance sheet is required before printing financial statements. Exporting an income statement requires a separate software package. Journal entries can be imported from an excel spreadsheet.arrow_forwardGive 5 examples of data and how this data can be converted into useful information. 3. Trade-off between information accuracy and timeliness. Explain why there is a needof estimate rather waiting for a couple of weeks for an exact number.arrow_forward
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- The comparative financial statements of Global Technology are as follows: Open the file RATIOA from the website for this book at cengagebrain.com. Enter the formulas in the appropriate cells. Enter your name in cell A1. Save the completed model as RATIOA2. Print the worksheet when done. Also print your formulas. Check figure: Acid test (quick) ratio (cell C58), .82.arrow_forwardYou do not have to start from scratch, but note, these are completely independent pro formas. They must update accordingly from the data worksheets. Plan on showing your analysis and discussing the proforma changes that occur under each new scenario and how it affects profitability. Use a formatted text box (not a comment) to explain your recommendations under each new pro forma. This will be approximately a 2-3 paragraph endeavor. Scenario One: “What if” Analysis for adding flavored ice coffees. Your client is unsure if she should sell flavored ice coffees. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.60 to purchase. Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another…arrow_forwardIt says the answer is inarrow_forward
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