DONT GIVE ANSWER IN  IMAGE FORMAT

VII. Direction: Compute and interpret. The following comparative financial statements are provided by Avatar Industries. You were asked to compute the different financial ratios and provide your interpretations with regards to profitability, efficiency, liquidity and solvency of the company. Use the Answer Sheet template below to input your answer and solution. AVATAR INDUSTRIES AVATAR INDUSTRIES Comparative Statement of Financial Position For the years 2019 and 2018 Comparative Income Statement For the years 2019 and 2018 2019 2018 2019 2018 ASSETS Current Assets: Sales P200,000 P210,000 Cash & Cash Equivalent P65,000 P70,000 Sales Returns and Allowances 40,000 25,000 Accounts Receivable 40,000 35,000 Net Sales 160,000 185,000 Marketable Secuities 40,000 35,000 Cost of Goods Sold 100,000 115,625 Inventory 100,000 80,000 Gross Profit 60,000 69,375 Total Current Assets 220,000 200,000 160,000 P445,000 P380,000 245,000 Operating Expenses: Fixed Assets Selling Expenses 22,000 25,000 Total…

VII. Direction: Compute and interpret. The following comparative financial statements are provided by Avatar Industries. You were asked to compute the different financial ratios and provide your interpretations with regards to profitability, efficiency, liquidity and solvency of the company. Use the Answer Sheet template below to input your answer and solution. AVATAR INDUSTRIES AVATAR INDUSTRIES Comparative Statement of Financial Position For the years 2019 and 2018 Comparative Income Statement For the years 2019 and 2018 2019 2018 2019 2018 ASSETS Current Assets: Sales P200,000 P210,000 Cash & Cash Equivalent P65,000 P70,000 Sales Returns and Allowances 40,000 25,000 Accounts Receivable 40,000 35,000 Net Sales 160,000 185,000 Marketable Securities 40,000 35,000 Cost of Goods Sold 100,000 115,625 Inventory 100,000 80,000 Gross Profit 60,000 69,375 Total Current Assets 245,000 220,000 Operating Expenses: Fixed Assets 200,000 160,000 Selling Expenses 22,000 25,000 Total Assets P445,000…

Apple and Google report the following income statement data (some are assumed). Use the companies' service revenue and cost data to answer the requirements. $ millions Service revenue Cost of services Apple Google Current Year Prior Year Current Year $ 46,291 $ 39,748 $ 134,811 16,786 15,592 59,856 Required: 1. Compute the gross profit ratio for each of the two years shown for each company. 2. Is the change in Apple's current year gross profit ratio on its services favorable or unfavorable? Required 1 Required 2 Prior Year $ 116,461 50,661 3. Is the change in Google's current year gross profit ratio on its services favorable or unfavorable? 4. Does Google's current year gross profit ratio underperform or outperform the industry (assumed) average of 60%? Complete this question by entering your answers in the tabs below. Required 3 Required 4 Is the change in Google's current year gross profit ratio on its services favorable or unfavorable? The change in Google's current year gross…

The income statements for Federer Sports Apparel for 2025 and 2024 are presented below. Required: Prepare a vertical analysis of the data for 2025 and 2024. Note: Round your percentage answers to 1 decimal place.

Perform the following: a. horizontal analysis b. vertical analysis c. ratio analysis d. interpret the results

Compare the two companies and declare which of the two company will be: a. Profitable b. Ideal for investment c. Good for short term investment d. Good for long term investment

Comparing Income Statements and Balance Sheets of CompetitorsFollowing are selected income statement and balance sheet data from two retailers: Abercrombie & Fitch (clothing retailer in the high-end market) and TJX Companies (clothing retailer in the value-priced market). (a) Express each income statement amount as a percentage of sales. Round your answers to one decimal place (ex: 0.2345 = 23.5%). Income Statement ($ millions) ANF     TJX   Sales $4,680     $21,058   Cost of goods sold 1,599 Answer     16,021 Answer   Gross profit 3,081 Answer     5,037 Answer   Total expenses 2,435 Answer     4,003 Answer   Net income $ 646 Answer     $ 1,034 Answer   (b) Express each balance sheet amount as a percentage of total assets. Round your answers to one decimal place (ex: 0.2345 = 23.5%). Balance Sheet ($ millions) ANF     TJX   Current assets $1,010 Answer     $3,929 Answer   Long-term assets 1,627 Answer     2,608 Answer   Total assets…

Questions related to the Statement of Profit or Loss a. Revenue is the income generated from normal business operations. What is the business operation of Emirates (i.e. what do they do? Do they provide services or sell products? What is the service they provide or product they sell in order to generate revenues?) . b. Did Emirates make profit in 2018 and 2017? Was there an increase or decrease? Justify your answers by providing the figures from the statement. c. Explain the Difference between Revenue and Other operating income – Provide one item that can be listed under Revenue and one item that can be listed under Other operating income of Emirates. You can refer to the corresponding Notes to the Financial Statements of Emirates. . PLEASE MAKE SURE THE ANSWER IS CORRECT 100%