Homework Answers
| 2015 | 2014 | 2013 | ||||
| A | Net income | $ 2,630 | $ 2,100 | $ 1,850 | ||
| B | Net Sales | $ 36,500 | $ 32,850 | $ 31,200 | ||
| C | Profit MarginRatio (A/B) | 7.21% | 6.39% | 5.93% | ||
| Comment: Company's average profit ratio is an increasing trend and higher than the industry average. | ||||||
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59. From the information provided, calculate Giuseppe's profit margin ratio for each of the three vears....
The following information is available for the Wooden Company: 2010 2009 2008 Net income $2,630 $2,100...
The following information is available for the Wooden Company: 2010 2009 2008 Net income $2,630 $2,100 $1,850 Net Sales 32,850 385,000 31,200 350,000 36,500 Total assets 400,000 chandis the formation provided, calculate Wooden's profit margin ratio for each of the three years.
Part 1: Ratio Analysis calculate the following ratios Part 2: Perform a vertical analysis of statement...
Part 1: Ratio Analysis calculate the following ratios
Part 2: Perform a vertical analysis of statement of financial
position & Income statement
Part 3: Perform a Horizontal Analysis of statement of
Financial Position for 2015 and 2014 & Income statement for
2015
Instructions: 1. On pages three and four, you will find condensed statement of financial position and income statement data for Waterloo Corporation. 2. Use the same information to answer all the three parts. 3. Part 1: a. In...
Question 4 lululemon athletica inc. reported the following information (dollars in US thousands) for the three...
Question 4 lululemon athletica inc. reported the following information (dollars in US thousands) for the three fiscal years ended: February 2, 2014 $1,591,188 February 1, 2015 $1,797,213 883,033 376,033 239,033 February 3, 2013 $1,370,358 607,532 Net sales Cost of goods sold Profit from operations Profit 751,112 391,358 376,439 271,431 279,547 (a) Calculate the gross profit margin and profit margin for lululemon for each of the three years. (Round answers to 1 decima 2015 2014 2013 Gross profit margin % %...
You are provided the following information: Current ratio 1.6 Net profit margin .1 Acid test ratio...
You are provided the following information: Current ratio 1.6 Net profit margin .1 Acid test ratio 1.0 Return on common equity .20 Debt to equity ratio 2.5 Cost of goods sold 12,000 Long term debt to equity ratio 1.0 Dividends 0 Gross profit margin .25 Preferred stock 0 What is the value of inventory?
P10-7A You have been presented with the following selected information from the financial statements of one...
P10-7A You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in millions): 2015 2014 2013 Statement of financial position Accounts receivable S 785 S 807 $ 625 Inventory Total current assets 1,006 1.962 933 1,896 770 1,513 Total assets 6.800 6,357 5,194 Current liabilities 1,179 1,725 1,227 Total liabilities 3,172 3,518 2,888 Income statement Net sales $10,658 $9,223 $7,298 Cost of goods sold 7,688 6,518 5,136 Interest...
P10-7A You have been presented with the following selected information from the financial statements of one...
P10-7A You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in millions): 2015 2014 2013 Statement of financial position Accounts receivable $ 785 S 807 $ 625 Inventory 1,006 933 770 Total current assets 1,962 1,896 1,513 Total assets 6,800 6,357 5,194 Current liabilities 1,179 1,725 1,227 Total liabilities 3,172 3,518 2,888 Income statement Net sales $10,658 $9,223 $7,298 Cost of goods sold 7,688 6,518 5,136 Interest...
Question 3.11 - Using the information provided in the problem on page 145, calculate/answer the following:...
Question 3.11 - Using the information provided
in the problem on page 145, calculate/answer the following:
a. Sales growth percentage from 2014 to 2015.
b. Sales growth percentage from 2015 to 2016.
c. Cost of goods sold percentage for 2014.
d. Cost of goods sold percentage for 2015.
e. Cost of goods sold percentage for 2016.
f. Gross profit margin percentage for 2014.
g. Gross profit margin percentage for 2015.
h. Gross profit marginpercentage for 2016.
i. Operating profit margin...
4. Given the following information, a. calculate the ratios of which industry norms are provided and...
4. Given the following information, a. calculate the ratios of which industry norms are provided and b. comment as whether it is favourable or unfavourable compared to industry norms. (15p) Accounts Receivable Inventories Sales Credit Sales Cost of Goods Sold Operating Profits Net Fixed Assets Total Assets 9.000 1.400 54.000 36.000 28.000 12.000 27.000 88.000 your calculation comment The Indsutry norms are as follows: Operating Return on Assets 9,0% Operating Profit Margin 20,0% Total Asset Turnover 0,5x Accounts Receivable Turnover...
Compute ROA, Profit Margin, and Asset Turnover Refer to the financial information for Target Corporation, presented...
Compute ROA, Profit Margin, and Asset Turnover Refer to the financial information for Target Corporation, presented below: Target Corporation Balance Sheets January 31, February 1, ($ millions) 2015 2014 Assets Cash and cash equivalents $2,210 $670 Inventory 8,790 8,278 Other current assets 3,087 2,625 Total current assets 14,087 11,573 Property and equipment, net 25,958 26,412 Other noncurrent assets 1,359 6,568 Total assets $41,404 $44,553 Liabilities and shareholders' investment 59 Accounts payable Accrued and other current liabilities Current portion of long-term...
The profit margin ratio measures the _______________ earned from each dollar of sales. Operating income Net...
The profit margin ratio measures the _______________ earned from each dollar of sales. Operating income Net income Income before taxes Income before interest and taxes
The following information is available for the Wooden Company: 2010 2009 2008 Net income $2,630 $2,100 $1,850 Net Sales 32,850 385,000 31,200 350,000 36,500 Total assets 400,000 chandis the formation provided, calculate Wooden's profit margin ratio for each of the three years.
Part 1: Ratio Analysis calculate the following ratios
Part 2: Perform a vertical analysis of statement of financial
position & Income statement
Part 3: Perform a Horizontal Analysis of statement of
Financial Position for 2015 and 2014 & Income statement for
2015
Instructions: 1. On pages three and four, you will find condensed statement of financial position and income statement data for Waterloo Corporation. 2. Use the same information to answer all the three parts. 3. Part 1: a. In...
Question 4 lululemon athletica inc. reported the following information (dollars in US thousands) for the three fiscal years ended: February 2, 2014 $1,591,188 February 1, 2015 $1,797,213 883,033 376,033 239,033 February 3, 2013 $1,370,358 607,532 Net sales Cost of goods sold Profit from operations Profit 751,112 391,358 376,439 271,431 279,547 (a) Calculate the gross profit margin and profit margin for lululemon for each of the three years. (Round answers to 1 decima 2015 2014 2013 Gross profit margin % %...
P10-7A You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in millions): 2015 2014 2013 Statement of financial position Accounts receivable S 785 S 807 $ 625 Inventory Total current assets 1,006 1.962 933 1,896 770 1,513 Total assets 6.800 6,357 5,194 Current liabilities 1,179 1,725 1,227 Total liabilities 3,172 3,518 2,888 Income statement Net sales $10,658 $9,223 $7,298 Cost of goods sold 7,688 6,518 5,136 Interest...
P10-7A You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in millions): 2015 2014 2013 Statement of financial position Accounts receivable $ 785 S 807 $ 625 Inventory 1,006 933 770 Total current assets 1,962 1,896 1,513 Total assets 6,800 6,357 5,194 Current liabilities 1,179 1,725 1,227 Total liabilities 3,172 3,518 2,888 Income statement Net sales $10,658 $9,223 $7,298 Cost of goods sold 7,688 6,518 5,136 Interest...
Question 3.11 - Using the information provided
in the problem on page 145, calculate/answer the following:
a. Sales growth percentage from 2014 to 2015.
b. Sales growth percentage from 2015 to 2016.
c. Cost of goods sold percentage for 2014.
d. Cost of goods sold percentage for 2015.
e. Cost of goods sold percentage for 2016.
f. Gross profit margin percentage for 2014.
g. Gross profit margin percentage for 2015.
h. Gross profit marginpercentage for 2016.
i. Operating profit margin...
4. Given the following information, a. calculate the ratios of which industry norms are provided and b. comment as whether it is favourable or unfavourable compared to industry norms. (15p) Accounts Receivable Inventories Sales Credit Sales Cost of Goods Sold Operating Profits Net Fixed Assets Total Assets 9.000 1.400 54.000 36.000 28.000 12.000 27.000 88.000 your calculation comment The Indsutry norms are as follows: Operating Return on Assets 9,0% Operating Profit Margin 20,0% Total Asset Turnover 0,5x Accounts Receivable Turnover...
Compute ROA, Profit Margin, and Asset Turnover Refer to the financial information for Target Corporation, presented below: Target Corporation Balance Sheets January 31, February 1, ($ millions) 2015 2014 Assets Cash and cash equivalents $2,210 $670 Inventory 8,790 8,278 Other current assets 3,087 2,625 Total current assets 14,087 11,573 Property and equipment, net 25,958 26,412 Other noncurrent assets 1,359 6,568 Total assets $41,404 $44,553 Liabilities and shareholders' investment 59 Accounts payable Accrued and other current liabilities Current portion of long-term...
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