Common-Size Balance Sheets Following is the balance sheet for 3M Company. Prepare common-size balance sheets for...
3M Company Common-size Income Statements Dec. 31, 2014 Dec. 31, 2013 Net sales 31,821 30,871 Operating expenses Cost of sales Selling, general & admin. expenses Research &development expenses 16,447 6,469 1,770 7,135 16,106 6,384 1,715 6,666 Operating income Interest expense and income: 142 (33) 109 7,026 2,028 $4,998 145 (41) 104 6,562 1,841 $4,721 Interest expense Interest income Net interest Income before taxes &minority interest Provision for income taxes Net income IM Company and Subsidiaries Common-size Balance Sheets Dec. 31,...
Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of January 31, 2015 and February 1, 2014 (Round your answers to one decimal place.) January 31, February 1, (5 millions) 2015 2014 Assets Cash and cash equivalents 52.210 5670 Inventory 8.790 Other current assets 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 $44,553 Liabilities and shareholders' investment Accounts payable 57,759...
Balance sheets and income statements for 3M Company follow. 3M Company Consolidated Statements of Income For Years Ended Dec. 31 ($millions) 2015 2014 2013 Net sales $30,674 $31,821 $30,871 Operating expenses Cost of sales 15,383 16,447 16,106 Selling, general & administrative expenses 6,182 6,469 6,384 Research, development & related expenses 1,763 1,770 1,715 Total operating expenses 23,328 24,686 24,205 Operating income 7,346 7,135 6,666 Interest expense and income Interest expense 149 142 145 Interest income (26) (33) (41) Total interest...
Analysis and Interpretation of Profitability Balance sheets and income statements for 3M Company follow. 3M COMPANY Consolidated Statements of Income For Years ended December 31 ($ millions) 2015 2014 2013 Net sales $30,274 $31,821 $30,871 Operating expenses Cost of sales 15,383 16,447 16,106 Selling, general and administrative expenses 6,182 6,469 6,384 Research, development and related expenses 1,763 1,770 1,715 Total operating expenses 23,328 24,686 24,205 Operating income 6,946 7,135 6,666 Interest expenses and income Interest expense 149 142 145 Interest...
Compute and Interpret Measures for DuPont Disaggregation Analysis Balance sheets and income statements for 3M Company follow. 3M Company Consolidated Statements of Income For Years Ended Dec. 31 ($ millions) 2015 2014 2013 Net sales $30,274 $31,821 $30,871 Operating expenses Cost of sales 15,383 16,447 16,106 Selling, general & administrative expenses 6,182 6,469 6,384 Research, development & related expenses 1,763 1,770 1,715 Total operating expenses 23,328 24,686 24,205 Operating income 6,946 7,135 6,666 Interest expense and income Interest expense 149...
Analysis and Interpretation of Profitability Balance sheets and income statements for 3M Company follow. 3M COMPANY Consolidated Statements of Income For Years ended December 31 ($ millions) 2015 2014 2013 Net sales $30,274 $31,821 $30,871 Operating expenses Cost of sales 15,383 16,447 16,106 Selling, general and administrative expenses 6,182 6,469 6,384 Research, development and related expenses 1,763 1,770 1,715 Total operating expenses 23,328 24,686 24,205 Operating income 6,946 7,135 6,666 Interest expenses and income Interest expense 149 142 145 Interest...
Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co, Inc, an electronics and major appliance retailer, at February 26, 2013 and Februar 27, 2012 (amounts in thousands): Feb. 26, 2013 Feb. 27, 2012 $7,138 37,968 637,950 249,991 9,829 764,610 304,926 172,724 126,442 7,774 $439,142 Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets 59,872 52,944 13,844 Total Current Assets Property and Equipment (net) Other Assets Total Assets 15,160 $952,494 $402,028 $186,005 Current Liabilities We...
Direct Computation of Nonoperating Return Balance sheets and income statements for 3M Company follow. 3M COMPANY Consolidated Statements of Income For Years Ended December 31 ($ millions) 2018 2017 Net sales $32,765 $31,657 Operating expenses Cost of sales 16,682 16,055 Selling, general and administrative expenses 7,602 6,626 Research, development and related expenses 1,821 1,870 Gain on sale of businesses (547) (586) Total operating expenses 25,558 23,965 Operating income 7,207 7,692 Other expense, net* 207 144 Income before income taxes 7,000...
How to Analyze (A) company Common Size Balance Sheets? COMMON SIZE BALANCE SHEETS AS OF December 31, December 31, 2018 2008 December 31, 1998 19.5% 5.8% 10.6% 10.3% 46.2% 33.3% 11.5% 16.8% 12.4% 74.1% 4.0% 53.6% 4.6% 3.2% 65.5% 38.0% 8.9% 6.9% 100.0% 10.3% 5.3% 10.4% 100.0% 4.6% 28.7% 1.2% 100.0% ASSETS 9 Current Assets: 10 Cash and Equivalents 11 Marketable Securities 12 Inventories 13 Accounts Receivable and Other 14 Total Current Assets 15 16 Net Property and Equipment 17...
PLease answer A-D P4-41. Analysis and Interpretation of Profitability Balance sheets and income statements for 3M Company follow. 3M COMPANY Consolidated Statements of Income For Years Ended Dec. 31 ($ millions) 2015 2013 2014 $31,821 $30,274 $30,871 15,383 6,182 1,763 16,447 6,469 1,770 24,686 7135 16,106 6,384 1,715 24,205 6,666 23,328 6,946 Net sales ............................................ Operating expenses Cost of sales. Selling, general and administrative expenses ......... Research, development and related expenses ........ Total operating expenses....... Operating income..... Interest expense and...