Assumptions: Year on Year % Change Revenues Rooms Food & Beverage Other Department Expenses Rooms Food & Beverage Other 2016 2017 2018 2019 2020 2021 baseyear 1% -2% 3% 3% 2% baseyear 10% -7% 5% 2% 2% in $'s (000's) Revenues 2016 2017 2018 2019 2020 2021 Rooms $ 20,672 $ 20,802 $ 20,481 $ 21,100 $ 21,682 $ 22,168 Food & Beverage $ 12,544 $ 12,679 $ 12,323 $ 13,018 $ 13,509 $ 13,810 Other $ 6,236 $ 6,167 $ 6,028 $ 6,253 $ 6,435 $ 6,521 Department Expenses Rooms $ 4,619 $ 5,087 $ 4,711 $ 4,929 $ 5,030 $ 5,148 Food & Beverage $ 7,797 $ 7,611 $ 7,285 $ 7,713 $ 7,946 $ 8,084 Other $ 3,920 $ 3,826 $ 3,806 $ 3,933 $ 4,032 $ 4,071 check 23116 23124 23030 23796 24618 25196
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- CengageNOWv2 | Online teachin X * CengageNOWv2 | Online teachin x+ v.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inp Return on Total Assets A company reports the following income statement and balance sheet information for the current ye Net income $382,880 Interest expense 67,570 Average total assets 5,850,000 Determine the return on total assets. If required, round the answer to one decimal place. 6.5 X % Feedback Y Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work All work saved. Email InstrData needed: SFP Asset section 1. Cash 16.3% 2. AR 6.3% 3. Short term investment 0.2% 4. Inventory 2.2% 5. Prepaid expenses 0.4% 6. PPE 74.7% Data needed: SFP Liabilities and OE section. 1. Current liab 16% 2. Non-current liab 34.2% 3. OE 49.9% Data needed: SCI 1. COGS 38.6% 2. Selling and admin exp 6.8% 3. Interest exp 0.1% 4. Income tax exp 0.5% 5. Net income 54%Year 1 Year 2 YR 1 YR2Sales (S) $ 614,405.00 $ 600,343.00 Cost of Good Sold (COGS) $ 385,101.00 $ 473,396.00 Gross Profit (GP) $ 229,304.00 $ 226,947.00 Calculate the following: (round to nearest percent) Answer Answer(a) Mark-up percent for year 1 (b) Mark-up percent for year 2 (c) Gross Profit for year 1 (d) Gross Profit for year 2
- ch Resultein education.com/ext/map/index.html?_con3con&external browser=0&laundchUrl%=https%253A%252F%252FIms.mheducat ork: Assignment 2 i panes Otis Company's income statement information folloWS: Year 3 Year 2 Net sales 000ʻ08$ 000'oZT 000'18 000'6 000'008 000'ozeS 000'86 000ʻZL 000'8 000'06Z 000'00z Income before interest and taxes Net income after taxes Interest expense Stockholders' equity, December 31 (Year l: $200,000) Common stock, December 31 240,000 The average number of shares outstanding was 9,600 for Year 3 and 8,000 for Year 2. Required Compute the following ratios for Otis for Year 3 and Year 2. a. Number of times interest was earned. (Round your answers to 2 decimal places.) b. Earnings per share based on the average number of shares outstanding. (Round your answers c. Price-earnings ratio (market prices: Year 3, $64 per share; Year 2, $78 per share). (Round interm answers to 2 decimal places.) d. Return on average equity. (Round your answers to 2 decimal places. (i.e.,…mheducation.com/ext/map/index.html?_con%3Dcon&external_browser-D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252 ework: Assignment 1 Saved Income statements for Thornton Company for Year 3 and Year 4 follow: THORNTON COMPANY Income Statements Year 3 $201,300 $181,300 Year 4 Sales Cost of goods sold Selling expenses Administrative expenses 000'T 000'tZI 20,500 18,500 009'ZI 009 5T 3,300 $179,400 5,300 $159, 400 Interest expense Total expenses Income before taxes 006'29 006'1 Income taxes expense 6,200 005'E Net income $ 15,700 $ 18,500 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4 b. Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. Complete this question by entering your answers in the tabs below. Required A Required B the nercentage change in each income statement component between Year 3 and YearRequired information For Year Ended December 31 Sales Cost of goods sold Other operating expenses Current Year $ 411, 225 209,550 12, 100 9,525 $ 673,500 642, 400 $31,100 $ 1.90 :. -. - == ....... 9 US Sa M
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- INCOME STATEMENT Year ended June 30 2022 2021 $'000 $'000Revenue 22450 18675Cost of sales 8475 8055Gross Profit 13975 10620Distribution costs 4245 3120Administrative expenses 1276 2134Selling expenses…Question 18 Given: 2019 Sales $216,259 2020 Sales $290,149 2019 Operating Income = $102,258 2020 Operating Income = $174,701 2019 Net Income = $55,852 2020 Net Income = $83,735 Calculate DOL: (Enter your answer with 2 decimal places)Q5 Revenues Cost of Goods Sold Gross Profit Selling, General and Admin Depreciation EBIT Income tax (35%) Incremental Earnings Capital Purchases Changes to NWC Year 0 Year 1 -280,0 00 Year 2 140,00 440,00 0 0 -70,00 220,00 0 0 Year 3 Year 4 440,00 350.00 0 0 220,00 175,00 0 0 70,000 220,00 220,00 0 0 -6400 6400 6400 175,00 0 6400 75.00 75.000 75,000 75,000 0 -11,40 138,60 138.60 93,600 0 0 0 3990 -48,51 48,51 0 32,76 0 0 -7410 90,090 90,090 60,840 -5.000 -5,000 -5,000 -5,000 A garage is installing a new "bubble-wash" car wash. It will promote the car wash as a fun activity for the family, and it is expected that the novelty of this approach will boost sales in the medium term. If the cost of capital is 10%, what is the net present value (NPV) of this project? Show all calculations