FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Conduct a vertical and horizontal analysis in the given dataarrow_forward18. The following financial information was provided by Anya Company: Net Income 8,255,000.00 NOPAT 75,785,000.00 EBITDA 143,000,000.00 Net Profit Margin 6.00% Operating capital 425,070,000.00 After tax cost of capital 12.00% Tax rate 35.00% Refer to Anya Company, calculate its sales. Use 2 decimal places in your final answerarrow_forwardtake&inprogress=false Assume the following sales data for a company: Current year $718,386 Preceding year 639,310 What is the percentage increase in sales from the preceding year to the current year (rounded to one decimal place)? O a. 23.4% Ob. 1.4% O c. 12.4% O d. 11.0%arrow_forward
- Financial information of Aris company are given below. $ Revenue 70000 Net profit 11200 Total assets 112000 Total equity 74600 Compute the net profit margin ratio . 12% 16% 25% 20%arrow_forwardA company’s sales in the prior year were $300,000 and in the current year were $351,000. Using the prior year as the base year, the sales trend percent for the current year is:arrow_forwardComplete botharrow_forward
- find the percentage changearrow_forwardA company has a profit margin of 10% and reports net sales of $4,000,000 and average total assets of $5,000,000. Calculate the company’s return on assets. a. 12.5%.b. 8.0%.c. 4.5%.d. 5.0%.arrow_forwardIn an income statement, total Sales and revenue in $230,000 and total operating expenses is $80,000. If tax rate is 20%how much will the net income be? O a. $30,000 Ob $120,000 Oc. $248,000 Od $150.000 Next pagearrow_forward
- X-1 Corp's total assets at the end of last year were $395,000 and its EBIT was $52,500. What was its basic earning power (BEP) ratio? a. 11.30% b. 16.35% c. 13.29% d. 11.70% e. 15.55%arrow_forwardComparative Income StatementsConsider the following income statement data from the Ross Company: Current Year Previous Year Sales revenue $525,000 $450,000 Cost of goods sold 336,000 279,000 Selling expenses 105,000 99,000 Administrative expenses 60,000 54,000 Income tax expense 7,800 5,400 Prepare a comparative income statement, showing increases and decreases in dollars and in percentages. Note: Round "Percent Change" answers to one decimal place (ex: 0.2345 = 23.5%). ROSS COMPANYComparative Income Statements Current Year Previous Year Increase(Decrease) PercentChange Sales Revenue Answer Answer Answer Answer Cost of Goods Sold Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Selling Expenses Answer Answer Answer Answer Administrative Expenses Answer Answer Answer Answer Total Answer Answer Answer Answer Income before Income Taxes Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer…arrow_forwardAssume the following sales data for a company: Year 7 $1,000,000 Year 6 900,000 Year 5 750,000 Year 1 500,000 If Year 1 is the base year, what is the percentage increase in sales from Year 1 to Year 5? 100% 180% 50% 55%arrow_forward
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