Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet...
Question 1 Not yet answered Marked out of 29.00 Comparing Income Statements and Balance Sheets of Competitors Following 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%). (5 millions) Sales Cost of goods sold Gross profit Total expenses...
E2-33. Comparing Income Statements and Balance Sheets of Competitors Following 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), for the fiscal year ended January 30, 2016. ANF TJX Income Statement ($ thousands) Sales. Cost of goods sold .... Gross profit........... Total expenses........ Net income...... $3,518,680 1,361,137 2,157,543 2,121,967 $ 35,576 $30,944,938 22,034,523 8,910,415 6,632,757 $ 2,277,658 Balance Sheet...
Comparing Abercrombie & Fitch and TJX Companies Following are selected financial statement data from Abercrombie & Fitch (ANF-upscale clothing retailer) and TJX Companies (TJX-value-priced clothing retailer including TJ Maxx). ($ thousands) Company Total Assets Net Income Sales 2015 TJX Companies Inc. $10,988,750 2016 TJX Companies Inc. 11,499,482 $2,277,658 $30,944,938 2015 Abercrombie & Fitch 2,505,167 2016 Abercrombie & Fitch 2,443,039 35,576 3,518,680 (a) Compute the return on assets for both companies for the year ended 2016. Round your answers to one...
E2-43. Compare Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data for two communications companies, Comcast and Verizon, for the year ended December 31, 2018. Income Statement ($ millions) Comcast Verizon $94,507 75,498 $130,863 108,585 Sales. Operating costs Operating profit. Nonoperating expenses Net income.. 19,009 7,147 22,278 6,239 $11,862 $ 16,039 Balance Sheet ($ millions) Comcast Verizon $ 21,848 229,836 $251,684 $ 34,636 230,193 $264,829 Current assets Long-term assets Total assets. Current liabilities....
Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statements from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each income statement amount as a percentage of sales. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Income Statement ($ millions) Pfizer Dr. Reddy's Sales $46,136 096 $1,876 096 Cost of goods sold 11,248 096 1,009 096 Gross profit 34,888 096 867 096 Total expenses 26,841...
Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for companies in different industries. $ millions Sales Net Income Assets Liabilities Cost of Goods Sold $53,299 20,441 Stockholders' Equity $11,297 9,812 $75,356 36,397 $2,937 1,933 $41,290 22,536 $29,993 12,724 Target Corp. Nike, Inc. Harley- Davidson 531 5,717 53,647 3,352 11,248 10,666 159,422 8,892 95,664 1,774 63,758 Pfizer 11,188 (a) Compute the following ratios for each company. • Round all answers to one decimal place (percentage...
Compute RNOA, Net Operating Profit Margin, and NOA Turnover for Competitors Selected balance sheet and income statement information for the fiscal year ended February 2, 2019, for Abercrombie & Fitch Co. and TJX Companies Inc., clothing retailers in the high-end and value-priced segments, respectively, follows. Current Prior Year Net Year Net Operating Operating Assets Assets Company ($ millions) Ticker Abercrombie & Fitch ANE TJX Companies TJX Sales NOPAT $3,590.10 $87.40 38,972.90 3,066.70 $792.30 $877.30 4,252.00 4,114.30 Compute the following ratios...
Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation follow. Income Statement For Fiscal Years Ended ($ millions) 2006 2005 2004 Sales $ 51,271 $ 45,682 $ 40,928 Credit card revenues 1,349 1,157 1,097 Total revenues 52,620 46,839 42,025 Cost of sales 34,927 31,445 28,389 Selling, general and administrative expenses 11,185 9,797 8,657 Credit card expenses 776 737 722 Depreciation and amortization 1,409 1,259 1,098 Earnings before interest and income taxes 4,323 3,601 3,159 Net interest...
The most recent financial statements for Assouad, Inc., are shown here Income Statement Balance Sheet Current liabilities $4,100 Current assets $4,800 2,500 Fixed assets 6,500 $1,600 $970 3,660 6,670 $11,300 Sales Long-term debt Costs Taxable Equity income Taxes (24%) 384 Total $11,300 Total Net income $1,216 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Selected balance sheet and income statement information for Starbucks for 2018 and 2017 follows. ($ millions) Cash 2018 2017 $ 8,756.3 $2,462.3 181.5 228.6 Short-term investments Accounts receivable 693.1 870.4 Current assets 12,494.2 5,283.4 5,684.2 4,220.7 349.9 Current liabilities Short-term debt Long-term debt Total liabilities Interest expense Capital expenditures Equity Cash from operations Earnings before interest and taxes 9,090.2 3,932.6 22,980.6 8,908.6 170.3 92.5 1,976.4 1,519.4 1,175.8 5,457.0 11,937.8 4,251.8 3,883.3 4,134.7...