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| Particulars | Target Corp. | Nike Inc | Harley-davidson | Cisco Systems |
| Sales | $73,785 | $32,376 | $5,995 | $49,247 |
| Gross Profit | $21,788 | $14,971 | $2,375 | $30,960 |
| Net income | $3,363 | $3,760 | $752 | $10,739 |
| Stockholder's equity | $12,957 | $12,258 | $1,840 | $63,585 |
| Liabilities | $27,305 | $9,183 | $8,151 | $58,067 |
| Gross Profit/sales | 29.53% | 46.24% | 39.62% | 62.87% |
| Net Income/sales | 4.56% | 11.61% | 12.54% | 21.81% |
| Net Income/Stockholder's equity | 25.96% | 30.67% | 40.87% | 16.89% |
| Liabilities/Stockholder's equity | 210.74% | 74.91% | 442.99% | 91.32% |
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P2-41. Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for...
Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for companies...
Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for companies in different industries. $ millions Sales Net Income Assets Liabilities Cost of Goods Sold $53,299 20,441 Stockholders' Equity $11,297 9,812 $75,356 36,397 $2,937 1,933 $41,290 22,536 $29,993 12,724 Target Corp. Nike, Inc. Harley- Davidson 531 5,717 53,647 3,352 11,248 10,666 159,422 8,892 95,664 1,774 63,758 Pfizer 11,188 (a) Compute the following ratios for each company. • Round all answers to one decimal place (percentage...
E2-33. Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance...
E2-33. Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data from two retailers, Abercrombie & Fitch (clothing retailer in the high-end market) and TJX Companies (clothing retailer in the value- priced market), for the fiscal year ended January 30, 2016. ANF TJX Income Statement ($ thousands) Sales. Cost of goods sold .... Gross profit........... Total expenses........ Net income...... $3,518,680 1,361,137 2,157,543 2,121,967 $ 35,576 $30,944,938 22,034,523 8,910,415 6,632,757 $ 2,277,658 Balance Sheet...
Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet...
Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data from two retailers: Abercrombie & Fitch (clothing retailer in the high-end market) and TJX Companies (clothing retailer in the value-priced market) (a) Express each income statement amount as a percentage of sales. Round your answers to one decimal place (ex: 0.2345-23.5%) Income Statement ANF $3,750 1,239 TJX $18,647 14,082 ($ millions) Sales Cost of goods sold 0% 0% Gross profit 2,511 4,565 0%...
E2-43. Compare Income Statements and Balance Sheets of Competitors Following are selected income statement and balance...
E2-43. Compare Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data for two communications companies, Comcast and Verizon, for the year ended December 31, 2018. Income Statement ($ millions) Comcast Verizon $94,507 75,498 $130,863 108,585 Sales. Operating costs Operating profit. Nonoperating expenses Net income.. 19,009 7,147 22,278 6,239 $11,862 $ 16,039 Balance Sheet ($ millions) Comcast Verizon $ 21,848 229,836 $251,684 $ 34,636 230,193 $264,829 Current assets Long-term assets Total assets. Current liabilities....
P2-50. Compare Cash Flows Across Retailers Following are selected accounts from the income statement and the...
P2-50. Compare Cash Flows Across Retailers Following are selected accounts from the income statement and the statement of cash flows for several retailers, for their fiscal years ended in 2018. Cash Flows from Net Income $ millions Sales Operating Investing Financing Macy's. Home Depot Best Buy Target... Walmart Stores... $ 25,739 $ 1,108 108,203 11,121 42,879 1,464 75,356 2,937 511,729 6,670 $ 1,735 13,038 2,408 5,973 27,753 $ (456) (2,416) 508 (3,416) (24,036) $ (1,544) (12,420) (2,018) (3,644) (2,537) Required...
Income statement and balance sheet data for The Athletic ttic are provided below. E ATHLETIC ATTIC...
Income statement and balance sheet data for The Athletic ttic are provided below. E ATHLETIC ATTIC Income Statements For the years ended December 31 2019 2018 Net sales Cost of goods sold $10,400,000 $8,900,000 6,800,000 5,450,000 Gross profit 3,600,0003,450,000 Expenses: Operating expenses Depreciation expense Interest expense Income tax expense 1,600,000 200,000 40,000 400,000 1,600,000 210,000 50,000 360,000 Total expenses 2.240,000 2,220,000 Net Income $1,360,000$1230,000 THE ATHLETIC ATTIC Balance Sheets December 31 2019 2018 2017 Assets Current assets: Cash Accounts receivable...
Return Ratios and Leverage The following selected data are taken from the financial statements of Cedar...
Return Ratios and Leverage The following selected data are taken from the financial statements of Cedar Industries: Sales revenue $663,000 Cost of goods sold 387,000 Gross profit $276,000 Selling and administrative expense 100,000 Operating income $176,000 Interest expense 50,000 Income before tax $126,000 Income tax expense (40%) 50,400 Net income $75,600 Accounts payable $45,000 Accrued liabilities 70,000 Income taxes payable 10,000 Interest payable 25,000 Short-term loans payable 150,000 Total current liabilities $300,000 Long-term bonds payable $500,000 Preferred stock, 10%, $100...
1. Use the following selected 2016 balance sheet and income statement information for Home Garden Supply...
1. Use the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compute the gross profit percentage to the nearest hundredth of a percent. Net income Gross profit on sales Average total assets Sales Tax rate on operating profit $69,960 $700,400 $360,600 $1,356,504 35% Select one: A. 5.16% B. 9.99% C. 51.63% D. 33.56% 2. Which ratio can provide an indication of the salability of the company's products? Select one: A. Current...
The balance sheet and income statement for the A. Thiel Mfg. Company are as follows. Calculate...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
Compute Net Operating Profit after Tax Selected balance sheet and income statement information for Home Depot...
Compute Net Operating Profit after Tax Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Operating assets $40,683 $38,573 Nonoperating assets 2,266 1,773 Total assets 42,949 40,346 Operating liabilities 15,043 13,552 Nonoperating liabilities 21,275 17,157 Total liabilities 36,318 30,709 Total stockholders' equity 6,631 9,637 Sales 89,234 Net operating profit before tax (NOPBT) 12,124 Nonoperting expense before tax 803 Tax expense 4,001 Net income 7,320 Compute net operating profit after tax...
Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for companies in different industries. $ millions Sales Net Income Assets Liabilities Cost of Goods Sold $53,299 20,441 Stockholders' Equity $11,297 9,812 $75,356 36,397 $2,937 1,933 $41,290 22,536 $29,993 12,724 Target Corp. Nike, Inc. Harley- Davidson 531 5,717 53,647 3,352 11,248 10,666 159,422 8,892 95,664 1,774 63,758 Pfizer 11,188 (a) Compute the following ratios for each company. • Round all answers to one decimal place (percentage...
E2-33. Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data from two retailers, Abercrombie & Fitch (clothing retailer in the high-end market) and TJX Companies (clothing retailer in the value- priced market), for the fiscal year ended January 30, 2016. ANF TJX Income Statement ($ thousands) Sales. Cost of goods sold .... Gross profit........... Total expenses........ Net income...... $3,518,680 1,361,137 2,157,543 2,121,967 $ 35,576 $30,944,938 22,034,523 8,910,415 6,632,757 $ 2,277,658 Balance Sheet...
Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data from two retailers: Abercrombie & Fitch (clothing retailer in the high-end market) and TJX Companies (clothing retailer in the value-priced market) (a) Express each income statement amount as a percentage of sales. Round your answers to one decimal place (ex: 0.2345-23.5%) Income Statement ANF $3,750 1,239 TJX $18,647 14,082 ($ millions) Sales Cost of goods sold 0% 0% Gross profit 2,511 4,565 0%...
E2-43. Compare Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data for two communications companies, Comcast and Verizon, for the year ended December 31, 2018. Income Statement ($ millions) Comcast Verizon $94,507 75,498 $130,863 108,585 Sales. Operating costs Operating profit. Nonoperating expenses Net income.. 19,009 7,147 22,278 6,239 $11,862 $ 16,039 Balance Sheet ($ millions) Comcast Verizon $ 21,848 229,836 $251,684 $ 34,636 230,193 $264,829 Current assets Long-term assets Total assets. Current liabilities....
P2-50. Compare Cash Flows Across Retailers Following are selected accounts from the income statement and the statement of cash flows for several retailers, for their fiscal years ended in 2018. Cash Flows from Net Income $ millions Sales Operating Investing Financing Macy's. Home Depot Best Buy Target... Walmart Stores... $ 25,739 $ 1,108 108,203 11,121 42,879 1,464 75,356 2,937 511,729 6,670 $ 1,735 13,038 2,408 5,973 27,753 $ (456) (2,416) 508 (3,416) (24,036) $ (1,544) (12,420) (2,018) (3,644) (2,537) Required...
Income statement and balance sheet data for The Athletic ttic are provided below. E ATHLETIC ATTIC Income Statements For the years ended December 31 2019 2018 Net sales Cost of goods sold $10,400,000 $8,900,000 6,800,000 5,450,000 Gross profit 3,600,0003,450,000 Expenses: Operating expenses Depreciation expense Interest expense Income tax expense 1,600,000 200,000 40,000 400,000 1,600,000 210,000 50,000 360,000 Total expenses 2.240,000 2,220,000 Net Income $1,360,000$1230,000 THE ATHLETIC ATTIC Balance Sheets December 31 2019 2018 2017 Assets Current assets: Cash Accounts receivable...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
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