For the year ending 2014 calculate to one decimal point (e.g. 7.5)- include % if required...
For the year ending 2014 calculate to one decimal point (e.g. 7.5)- include % if required by analysis
Calculate - Operating income to revenue
In millions: operating income is 7,949
Revenue is 27,441
Homework Answers
Operating Income = $7,929
Revenue = $27,441
Operating Income/Revenue = 7,949/27,441
Operating Income/Revenue = 0.2897
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For the year ending 2014 calculate to one decimal point (e.g.
7.5)- include % if required...
Year Ending Year Ending 2014 Year Ending Account 2013 2012 Revenue $ 917,399 $ 946,298 $...
Year Ending Year Ending 2014 Year Ending Account 2013 2012 Revenue $ 917,399 $ 946,298 $ -669,337 $ $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development $ Depreciation Operating income $ 169,350 -70,567 -5,428 $ $ $ -656,197 315,034 -192,966 -3,459 -35,654 $ $ -7,127 $ -34,446 $ 81,472 $ $ Other income 60,553 $ 646 $ EBIT $ 1,746 84,701 Interest expense $ -6,812 Income before tax Taxes 82,492 $ $...
Year Ending Account Year Ending 2014 Year Ending 2012 2013 917,399 $ $ 946,298 -669,337 $...
Year Ending Account Year Ending 2014 Year Ending 2012 2013 917,399 $ $ 946,298 -669,337 $ $ 169,350 -70,567 Revenue $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development $ Depreciation Operating income Other income -656,197 315,034 -192,966 -3,459 -35,654 -5,428 $ -7,127$ -34,446 $ $ A 60,553 $ 646 81,472 $ $ 1,746 $ EBIT 82,492 $ $ Interest expense -6,8121 GA 84,701 -8,836 75,865 $ Income before tax Taxes $ 74,847...
fill in the yellow spaces Year Ending Year Ending Year Ending Account 2014 2013 2012 946,200...
fill in the yellow spaces
Year Ending Year Ending Year Ending Account 2014 2013 2012 946,200 $ 917,209 $ Revenue Cost of goods sold Gross profit Selling, general, and administrative expenses -669,228 $ -656,131 169,500 $ 315,059 -70,424 $ -193,097 -5,354 $ -7,016 $ -34,464 $ Research and development -3,457 -35,678 Depreciation 60,498 $ 81,439 $ Operating income Other income 524 S 1,962 EBIT 82,496 $ 84,789 Interest expense -6,710 $ -8,703 74,795 $ Income before tax 76,086 Taxes -28,048...
Exercise 1-5 The following information was taken from the 2014 financial statements of pharmaceutical giant Merck...
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use tax rate of 37.5 Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014...
use tax rate of 37.5
Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014 ($ in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue $ 917,399 $ 946,298 Cost of goods sold $ -669,337 $ -656,197 Gross profit 169,350 $ 315,034 Selling, general, and administrative expenses $ -70,567 - 192,966 Research and development -5,428 $ -7,127 $ -3,459 Depreciation $ -34,446 $ -35,654 Operating income 60,553 $ 81,472 Other income...
Selected data from the September 27, 2014, and September 28, 2013, consolidated balance sheets and income...
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The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Required...
The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Insignia Corporation for the year ended December 31, 2015 (amounts in billions). 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax and...
The Savoy Corporation Income Statement Accounts for the year ending December 31, 2014 Account Cos...
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The Savoy Corporation...
Year Ending Year Ending 2014 Year Ending Account 2013 2012 Revenue $ 917,399 $ 946,298 $ -669,337 $ $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development $ Depreciation Operating income $ 169,350 -70,567 -5,428 $ $ $ -656,197 315,034 -192,966 -3,459 -35,654 $ $ -7,127 $ -34,446 $ 81,472 $ $ Other income 60,553 $ 646 $ EBIT $ 1,746 84,701 Interest expense $ -6,812 Income before tax Taxes 82,492 $ $...
Year Ending Account Year Ending 2014 Year Ending 2012 2013 917,399 $ $ 946,298 -669,337 $ $ 169,350 -70,567 Revenue $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development $ Depreciation Operating income Other income -656,197 315,034 -192,966 -3,459 -35,654 -5,428 $ -7,127$ -34,446 $ $ A 60,553 $ 646 81,472 $ $ 1,746 $ EBIT 82,492 $ $ Interest expense -6,8121 GA 84,701 -8,836 75,865 $ Income before tax Taxes $ 74,847...
fill in the yellow spaces
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Exercise 1-5 The following information was taken from the 2014 financial statements of pharmaceutical giant Merck and Co. (All dollar amounts are in millions.) 42.0063 Retaned earnings, Jnuary 1, 2014 Selisg and adeinistrative experses Sales reven 8641 137.5 After analyzing the data, prepare an income statement for the year ending December 31, 2014. (Enter amounts in millions upto 1 decimal place, e.g. 45.5 million.) MERCK AND CO. Income Statement For the Year Ended December 31, 2014 (in millions) After analyzing...
use tax rate of 37.5
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The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Insignia Corporation for the year ended December 31, 2015 (amounts in billions). 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax and...
The Savoy Corporation Income Statement Accounts for the year ending December 31, 2014 Account Cost of goods sold Interest expense Taxes Revenue Bal ance $345,000 $79,000 $57,100 $836,000 $93,000 Selling, general, and administrative expenses Depreciation $126,000 Refer to the Savoy Corporation Income Statement Accounts. What is the average tax rate for the Savoy Corporation for 2014? 33.3% 29.6% 30.0% 35,0% QUESTION 15 An increase in borrowing from long-term debt holders is a source of cash. True False
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