S&J Plumbing, Inc.'s 2010 income statement shows a net profit before tax of $468, whereas the...
S&J Plumbing, Inc.'s 2010 income statement shows a
net profit before tax of $468, whereas the balance sheet that the
company's equity for the fiscal year-end 2010 is $1,746.
Calculate the company's return on equity and explain
whether the managers are providing a good return on the
capital provided by the company’s shareholders.
Diagram and explain the operating cycle of a service
company.
Homework Answers
Return on equity=net income/shareholders’ equity
$ 468/$1,746=0.268 or 26.8%
Yes, the managers are providing good returns as compared to the average market cost of the availability of funds.
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S&J Plumbing, Inc.'s 2010 income statement shows a
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1)
What are the main purpose for preparing the income statement and
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2)
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3) Why
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income?
4)
Analyze the changes of both the projected sales and net income of
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Is BFI Trading Ltd.’s profit performance better or worse
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first two photos are the background information for the
questions. There are requirements in the third image.
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How to get picture 1 "Cost of Sales" and picture 2 "Net Income
or Net Earnings", thank you.
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Do a horizontal analysis for Nike’s Income Statement for
2013
B-4 Appendix B Nike Inc., Form 10-K For the Fiscal Year Ended May 31, 2013 NIKE, Inc. Consolidated Statements of Income Year Ended May 31, 2012 2013 2011 $ (In millions except per share data) Income from continuing operations: Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest (income) expense, net (Notes 6, 7 and 8) Other (income) expense, net (Note...
Do a vertical analysis for Nike’s Income Statement for 2013
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1)
What are the main purpose for preparing the income statement and
balance sheet?
2)
What is net income? Why is net income so important to the company
manager?
3) Why
are the company’s shareholders always concerned about the net
income?
4)
Analyze the changes of both the projected sales and net income of
2019as compared to that of 2018 actual sales and net income. Should
Mr. John Chan be worried about the projected financial
situation?
5)
Evaluate Brighton Food’s...
Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C at the end of text. The following additional information in thousands is available: Accounts receivable at May 31, 2010 $ 3,138 Inventories at May 31, 2010 2,715 Total assets at May 31, 2010 14,998 Stockholders'equity at May 31, 2010 9,843 Instructions 1. Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011), rounding to one decimal...
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