Homework Answers
| 1 | ||
| Trend percentage of revenue in 2017 | 116% | =207869/178646 |
| 2 | ||
| Trend percentage of revenue in 20178 | 137% | =244344/178646 |
| 3 | ||
| Trend percentage of Cost of Revenue in 2017 | 117% | =60245/51625 |
| 4 | ||
| Trend percentage of Cost of Revenue in 2018 | 128% | =65860/51625 |
| 5 | ||
| Trend percentage of Revenue in 2018 was higher |
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UUTTUNU Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Reve...
Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 Sin thousands Decemb...
Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 Sin thousands December 31, December 31, December 2018 2017 31, 2016 Revenue $244,344 $207,869 $178,646 Cost of Revenue 65,860 60,245 51,625 Gross Profit 178,484 147,624 127,021 Research & Development 81,602 68,172 57,438 General & administrative 90,337 84,161 80,466 Expenses Using 2016 as the base year what is the trend percentage of Revenue in 2017? Select ] Using 2016 as the base year what...
D Question 2 0.75 Apts Home M Below is part of Workiva Inc.'s income statements for...
D Question 2 0.75 Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. $ in thousands December 31, 2018 $244,344 65,860 178,484 December 31, December 2017 31, 2016 $207,869 $178,646 60,245 51,625 147,624 127,021 Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses 81,602 68,17257,438 90,337 84,161 80,466 What is 2017's percentage change in Revenue? Select) What is 2017's percentage change in Cost of Revenue? Did the percentage change...
The first image is the original question, the rest are the answer choices for each box....
The first image is the original question, the rest are the
answer choices for each box.
Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what...
The first image is the original question, the rest are the answer choices for each box....
The first image is the original question, the rest are the
answer choices for each box.
Question 2 0.75 pts Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. $ in thousands Revenue December December 31, 2018 December 31, 2017| 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 Cost of Revenue 81,602 68,172 57,438 Gross Profit Research & Development General & administrative Expenses 90,337 84,161 80,466 What is 2017's percentage change in Revenue?...
Question 1 0.25 Why are operations from discontinued operations reported separately from other operations? They aren't...
Question 1 0.25 Why are operations from discontinued operations reported separately from other operations? They aren't listed separately. It is a requirement under the Sarbanes Oxley Act Discontinued operations will not continue into the future Question 2 0.75Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. December 31, December 31, December $ in thousands 2018 2017 31, 2016 Revenue $244,344 65,860 178,484 $207,869 $178,646 51,625 Cost of Revenue 60,245 Gross Profit Research &...
Net Revenue and Net Income w 2019 2018 2017 2016 2015 Net Revenue $ 1,350,000 $...
Net Revenue and Net Income w 2019 2018 2017 2016 2015 Net Revenue $ 1,350,000 $ 1,182,000 $ 1,150,000 $ 1,002,000 $ 1,037,000 122,000 115,000 88,000 73,000 79,000 Net Income Majestic Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: Click the icon to view net revenue and net income for the five years.) Requirements 1. Computo a trend analysis for net revenue and net income. Round to the nearest...
Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 $ 620,481 $ 408, 211...
Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 $ 620,481 $ 408, 211 $ 331,879 $ 225,768 $ 318,945 209,888 172,408 1 17,092 30,031 23,799 22,734 13,230 2015 163,600 83,436 11,190 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: | Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 2017: 2016: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: 1 = Trend percent 2019:...
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2018, 2017, and 2016 2018 2017...
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2018, 2017, and 2016 2018 2017 2016 Sales $389,743 $298,575 $207,200 Cost of goods sold 234,625 188,401 132,608 Gross profit 155, 118 110,174 74,592 Selling expenses 55,344 41,203 27, 350 Administrative expenses 35,077 26,275 | 17,198 Total expenses 90,421 67,478 44,548 Income before taxes 64,697 42,696 30,044 Income tax expense 12,034 8,753 6,099 Net income $ 52,663 $ 33,943 $ 23,945 KORBIN COMPANY Comparative Balance Sheets December 31, 2018, 2017,...
HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2018-2012 ($ thousands) 2018 2017 2016...
HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2018-2012 ($ thousands) 2018 2017 2016 2015 2014 2013 2012 Sales $2,491 $2,182 $1,985 $1,819 $1,698 $1,579 $1,294 Cost of goods sold 1,792 1,458 1,254 1,097 1,020 1954 Gross profit 699 724 731 722 678 625 534 Operating expenses 534 418383 283 242 201 Net income $ 165 $ 306 $ 348 $ 439 $ 433 $ 383 $ 333 760 245 HAROUN COMPANY Comparative Balance Sheets December 31, 2018-2012...
2019 2018 2017 2016 2015 Sales $ 556,950 $ 368,841 $ 290,426 $ 200,294 $ 146,200...
2019 2018 2017 2016 2015 Sales $ 556,950 $ 368,841 $ 290,426 $ 200,294 $ 146,200 Cost of goods sold 286,545 189,809 151,417 104,100 74,562 Accounts receivable 27,012 21,503 19,836 11,737 10,029 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Numerator: / Choose Denominator: / = Trend percent 2019: / = % 2018: / = % 2017: / = % 2016: / = % Trend Percent for Cost of...
Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 Sin thousands December 31, December 31, December 2018 2017 31, 2016 Revenue $244,344 $207,869 $178,646 Cost of Revenue 65,860 60,245 51,625 Gross Profit 178,484 147,624 127,021 Research & Development 81,602 68,172 57,438 General & administrative 90,337 84,161 80,466 Expenses Using 2016 as the base year what is the trend percentage of Revenue in 2017? Select ] Using 2016 as the base year what...
D Question 2 0.75 Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. $ in thousands December 31, 2018 $244,344 65,860 178,484 December 31, December 2017 31, 2016 $207,869 $178,646 60,245 51,625 147,624 127,021 Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses 81,602 68,17257,438 90,337 84,161 80,466 What is 2017's percentage change in Revenue? Select) What is 2017's percentage change in Cost of Revenue? Did the percentage change...
The first image is the original question, the rest are the
answer choices for each box.
Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what...
The first image is the original question, the rest are the
answer choices for each box.
Question 2 0.75 pts Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. $ in thousands Revenue December December 31, 2018 December 31, 2017| 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 Cost of Revenue 81,602 68,172 57,438 Gross Profit Research & Development General & administrative Expenses 90,337 84,161 80,466 What is 2017's percentage change in Revenue?...
Question 1 0.25 Why are operations from discontinued operations reported separately from other operations? They aren't listed separately. It is a requirement under the Sarbanes Oxley Act Discontinued operations will not continue into the future Question 2 0.75Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. December 31, December 31, December $ in thousands 2018 2017 31, 2016 Revenue $244,344 65,860 178,484 $207,869 $178,646 51,625 Cost of Revenue 60,245 Gross Profit Research &...
Net Revenue and Net Income w 2019 2018 2017 2016 2015 Net Revenue $ 1,350,000 $ 1,182,000 $ 1,150,000 $ 1,002,000 $ 1,037,000 122,000 115,000 88,000 73,000 79,000 Net Income Majestic Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: Click the icon to view net revenue and net income for the five years.) Requirements 1. Computo a trend analysis for net revenue and net income. Round to the nearest...
Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 $ 620,481 $ 408, 211 $ 331,879 $ 225,768 $ 318,945 209,888 172,408 1 17,092 30,031 23,799 22,734 13,230 2015 163,600 83,436 11,190 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: | Choose Denominator: Choose Numerator: Trend percent 2019: 2018: 2017: 2016: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: 1 = Trend percent 2019:...
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2018, 2017, and 2016 2018 2017 2016 Sales $389,743 $298,575 $207,200 Cost of goods sold 234,625 188,401 132,608 Gross profit 155, 118 110,174 74,592 Selling expenses 55,344 41,203 27, 350 Administrative expenses 35,077 26,275 | 17,198 Total expenses 90,421 67,478 44,548 Income before taxes 64,697 42,696 30,044 Income tax expense 12,034 8,753 6,099 Net income $ 52,663 $ 33,943 $ 23,945 KORBIN COMPANY Comparative Balance Sheets December 31, 2018, 2017,...
HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2018-2012 ($ thousands) 2018 2017 2016 2015 2014 2013 2012 Sales $2,491 $2,182 $1,985 $1,819 $1,698 $1,579 $1,294 Cost of goods sold 1,792 1,458 1,254 1,097 1,020 1954 Gross profit 699 724 731 722 678 625 534 Operating expenses 534 418383 283 242 201 Net income $ 165 $ 306 $ 348 $ 439 $ 433 $ 383 $ 333 760 245 HAROUN COMPANY Comparative Balance Sheets December 31, 2018-2012...
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