Kindly round off as required since no instructions have been provided with the question regarding rounding off.
Waterloo Corporation | |||
Statement of Financial Position | |||
31-Dec | |||
2015 | 2014 | 2013 | |
Assets | |||
Cash | 3.2% | 3.0% | 1.85% |
Accounts receivable (net) | 9.6% | 11.1% | 9.78% |
Inventory | 8.2% | 11.3% | 9.78% |
Other current assets | 6.6% | 7.8% | 11.25% |
Long term investments | 12.1% | 12.1% | 9.23% |
Property, plant & equipment (net) | 60.3% | 54.8% | 58.12% |
Total assets | 100.0% | 100.0% | 100.00% |
Liabilities and shareholders equity | |||
Liabilities | |||
Current liabilities | 7.2% | 8.9% | 12.0% |
Non-current liabilities | 24.7% | 11.9% | 14.4% |
Total liabilities | 31.9% | 20.8% | 26.4% |
Shareholders equity | |||
Common shares | 44.0% | 50.6% | 49.6% |
Retained earnings | 24.0% | 28.6% | 24.0% |
Total shareholders equity | 68.1% | 79.2% | 73.6% |
Total liabilities and shareholders equity | 100.0% | 100.0% | 100.0% |
Waterloo Corporation | ||
Income Statement | ||
Year Ended December 31 | ||
2015 | 2014 | |
Sales | 100.0% | 100.0% |
Less: Sales returns and allowances | 6.3% | 5.1% |
Net sales | 93.8% | 94.9% |
Cost of goods sold | 51.5% | 55.4% |
Gross profit | 42.2% | 39.5% |
Operating expenses | 28.7% | 30.5% |
Profit from operations | 13.6% | 9.0% |
Interest expense | 3.1% | 1.3% |
Profit before income tax | 10.5% | 7.8% |
Income tax expense | 2.3% | 1.9% |
Profit | 8.2% | 5.8% |
please do Waterloo Corporation Statement of Financial Position 31-Dec 2015 2014 2013 Assets Cash $32,000 $19,000...
please help Waterloo Corporation Statement of Financial Position 31-Dec 2015 2014 2013 Assets Cash $32,000 $19,000 $10,000 Accounts Receivable (net) 95,000 70,000 53,000 Inventory 81,000 71,000 53,000 Other current assets 65,000 49,000 61,000 Long-term investments 120,000 76,000 50,000 Property, Plant & Equipment (net) 598,000 345,000 315.000 Total Assets $991,000 $630,000 $542,000 $71,500 245.000 316,500 $56,000 75.000 131,000 $65,000 78,000 143,000 Liabilities & Shareholders' Equity Liabilities Current Liabilities Non-current liabilities Total Liabilities Shareholders' Equity Common Shares Retained Earnings Total Shareholders' Equity...
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...
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