Homework Answers
Net Profit Margin Ratio = Net Income divided by Net Sales
Year 2010:
Wooden's Net Income = $ 2,630
Wooden's Net Sales = $ 36,500
Net Profit Margin of Wooden's for year 2010 = 2630 / 36500 = 7.21% (rounded off to 2 decimal places)
Year 2009:
Wooden's Net Income = $ 2,100
Wooden's Net Sales = $ 32,850
Net Profit Margin of Wooden's for year 2009 = 2100 / 32850 = 6.39% (rounded off to 2 decimal places)
Year 2008:
Wooden's Net Income = $ 1,850
Wooden's Net Sales = $ 31,200
Net Profit Margin of Wooden's for year 2008 = 1850 / 31200 = 5.93% (rounded off to 2 decimal places)
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The following information is available for the Wooden Company: 2010 2009 2008 Net income $2,630 $2,100...
59. From the information provided, calculate Giuseppe's profit margin ratio for each of the three vears....
59. From the information provided, calculate Giuseppe's profit margin ratio for each of the three vears. Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years 2015 $2,630 $36,500 400.000 2013 $1,850 Net income Net Sales Total Assets 2014 $2,100 $32,850 385,000 350.000
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total rev can replace that
2009 $34137 660 34797 CostPlus Company Income Statements 2008 Net Sales $31621 Membership Fees 543 Total Revenue 32164 Operating expenses Merchandise Costs 28322 SG&A 2615 Depreciation 190 Interest Expense Total Operating Expenses 31166 Interest Income Taxable income 1052 Taxes 421 Net Income $631 30598 2966 241 39 32 54 33837 43 1003 401 $602 2009 CostPlus Company Balance Sheets 2008 $524 48 175 2490 $602 325 2739 Cash Short-term Investments Accounts Receivable Inventory Other Current...
Pro Forma Income Statement for Ideko, 2005-2010 2009 Year 2005 2006 2007 2008 2010 Income Statement...
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AT&T's financial statements for the 2010 and 2009 fiscal years contained the following information: 2010 2009...
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Refer to the ratio analysis example (listed below) and update these ratios for Amazon, Sears, and...
Refer to the ratio analysis example (listed below) and update
these ratios for Amazon, Sears, and eBay based on their
2015, 2016, and 2017 annual reports. Review other
applicable areas of the annual report, such as the footnotes and
MD&A and tell us what the results mean in your own words. What
do you think could explain the changes?
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For each year listed in Exhibit 1 (2009 – 2014), calculate the following ratios: Bakery-Café Cost...
For each year listed in Exhibit 1
(2009 – 2014), calculate the following ratios:
Bakery-Café Cost of Sales (formula: Bakery-Café
Expenses/Bakery-Café Sales)
Operating Profit Margin (Operating Profit/Total Revenues)
G&A as a percent of Total Revenues
Net Income Margin (Net Income to shareholders/Total
Revenues)
Return on Equity (Net Income to Shareholders/Total
Stockholder’s Equity)
Return on Assets (Net Income to Shareholders/Total Assets)
Debt-to-Assets (Total Liabilities/Total Assets)
Debt-to-Equity (Total Liabilities/Total Stockholder’s
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Current Ratio (Current Assets/Current Liabilities)
Note: 2010 is missing from the...
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1. Prepare the income statements and balance sheets for 2008 and 2009 assuming a 34% tax...
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59. From the information provided, calculate Giuseppe's profit margin ratio for each of the three vears. Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years 2015 $2,630 $36,500 400.000 2013 $1,850 Net income Net Sales Total Assets 2014 $2,100 $32,850 385,000 350.000
total rev can replace that
2009 $34137 660 34797 CostPlus Company Income Statements 2008 Net Sales $31621 Membership Fees 543 Total Revenue 32164 Operating expenses Merchandise Costs 28322 SG&A 2615 Depreciation 190 Interest Expense Total Operating Expenses 31166 Interest Income Taxable income 1052 Taxes 421 Net Income $631 30598 2966 241 39 32 54 33837 43 1003 401 $602 2009 CostPlus Company Balance Sheets 2008 $524 48 175 2490 $602 325 2739 Cash Short-term Investments Accounts Receivable Inventory Other Current...
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P 8-6 Dorex, Inc., presented the following comparative income statements for 2011, 2010, and 2009: For the Years Ended 2011 2010 2009 Net sales $1,600,000 $1,300,000 $1,200,000 Other income 22,100 21.500 21,000 1,622,100 1,321,500 1.221,000 Gosts and expenses Material and manufacturing costs of products sold sold 740.000 624.000 576,000 Research and development 90,000 78,000 71,400 General and selling 600,000 500,500 465,000 Interest 19,000 18.200 17,040 Other 14,000 13.650 13,800 51.463,000 $1,234,150 31,143,240 For the Years Ended 2011 2010 2009 $159,100...
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Refer to the ratio analysis example (listed below) and update
these ratios for Amazon, Sears, and eBay based on their
2015, 2016, and 2017 annual reports. Review other
applicable areas of the annual report, such as the footnotes and
MD&A and tell us what the results mean in your own words. What
do you think could explain the changes?
Defining Ratio Analysis (Continued) You will use ratio analysis throughout the rest of the course. For now, consider the following basic...
For each year listed in Exhibit 1
(2009 – 2014), calculate the following ratios:
Bakery-Café Cost of Sales (formula: Bakery-Café
Expenses/Bakery-Café Sales)
Operating Profit Margin (Operating Profit/Total Revenues)
G&A as a percent of Total Revenues
Net Income Margin (Net Income to shareholders/Total
Revenues)
Return on Equity (Net Income to Shareholders/Total
Stockholder’s Equity)
Return on Assets (Net Income to Shareholders/Total Assets)
Debt-to-Assets (Total Liabilities/Total Assets)
Debt-to-Equity (Total Liabilities/Total Stockholder’s
Equity)
Current Ratio (Current Assets/Current Liabilities)
Note: 2010 is missing from the...
1. Prepare the income statements and balance sheets for 2008 and 2009 assuming a 34% tax rate. Also, assume a payout ratio of 51% and a retention ratio of 49%. 2. Prepare the statement of cash flows for 2009. Ticket sales Promotional Advertising Fees for television Depreciation Team and game expenses Selling and promotional expenses Deferred compensation current portion Interest expense Cash Accounts receivable Accounts payable Deferred Compensation noncurrent portion Long-term debt Net fixed assets General and administrative expenses Inventory...
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