Using the data presented for Ruez Company, prepare a schedule showing a vertical analysis for 2017 and 2018.
Homework Answers
| Ans. | Ruez Company | |||||
| Vertical Analysis for the Year 2017 and 2018 | ||||||
| Particulars | 2017 | 2018 | ||||
| Net Sales | $ 350,000 | 100% | $ 320,000 | 100% | ||
| Cost of goods sold | 200,000 | 57% | 180,000 | 56% | ||
| Gross Profit | 150,000 | 43% | 140,000 | 44% | ||
| Operating Expenses | 120,000 | 34% | 100,000 | 31% | ||
| Net Income | 30,000 | 9% | 40,000 | 13% | ||
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Using the data
presented for Ruez Company, prepare a schedule showing a vertical
analysis for 2017...
Help me finish the vertical analysis schedule Operating data for Joshua Corporation are presented below. 2020...
Help me finish the vertical analysis schedule
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*Exercise 14-2 Operating data for Navarro Corporation are presented below. 2017 2016 Net sales Cost of...
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Question (a) Prepare a vertical analysis of the 2017 income statement data for Lionel Company and...
Question
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form
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shareholder's equity for both companies
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Applying vertical analysis find the value for AAAA, BBBB, CCCC,
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Requirement 1. Prepare a vertical analysis for McConnell for both its income statement and balance sheet....
Requirement 1. Prepare a vertical analysis for McConnell for both its income statement and balance sheet. Begin by preparing a vertical analysis for McConnell for its income statement. (Round the percent of total amounts to one decimal place, X.X%.) McConnell Department Stores, Inc. Income Statement Year Ended December 31, 2018 Amount Percent of Total Net Sales Revenue $ % 783,000 526,176 Cost of Goods Sold % Gross Profit % 256,824 163,647 % Operating Expenses Operating Income % 93,177 4,698 Other...
Help me finish the vertical analysis schedule
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Operating data for Whispering Winds Corp. are presented below. 2017 2016 $843,200 $649,500 Sales revenue Cost of goods sold 530,500 410,300 Selling expenses 124,100 73,600 Administrative expenses 77,200 53,900 Income tax expense 38,900 24,600 Net income 72,500 87,100 Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g. 12.1%) WHISPERING WINDS CORP. Condensed Income Statement 2017 2016 Amount Percent Amount Percent Sales $843,200 $649,500 Cost of goods sold 530,500 410,300 239,200 Gross...
*Exercise 14-2 Operating data for Navarro Corporation are presented below. 2017 2016 Net sales Cost of goods sold Selling expenses Administrative expenses $ 754,000 469,500 124,500 65,000 30,000 65,000 $ 601,500 389,500 67,500 52,000 25,500 67,000 Income tax expense Net income Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round answers to 1 decimal place, e.g. 48.5%.) NAVARRO CORPORATION Condensed Income Statements For the Years Ended December 31 2017 2016 Amount Percent Amount Percent Net sales $...
Question
(a) Prepare a vertical analysis of the 2017 income statement
data for Lionel Company and Barrymore Company in columnar
form
(b) comment on the relative profitabiliyy of the companies by
computing the return on assets and the return on ordinary
shareholder's equity for both companies
P14-1 Comparative statement data for Lionel Company and Barrymore Company, two competitors, appear below. All statement of financial position data are as of December 31, 2017, and December 31, 2016. Net sales Cost of...
Applying vertical analysis find the value for AAAA, BBBB, CCCC,
DDDD.
The following statements are for R Company: R Company Income Statement Net Sales Cost of Goods Sold Gross Profit Operating Expenses Net Income $400,000 Percent 240,000 160,000 100,000 60,000 R Company Balance Sheet 30,000 CCCC Cash Land Total Assets 270,000 $ 300,000 $120,000 DDDD $180,000 Total Liabilities Total Equity
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