Section 1- Financial Analysis FSA Company's Summary Financial Data (In billions, except per share data) 2020 2019 2018 2017 2016 Net Sales 30.20 29.70 28.50 29.40 16.80 29 10 Gross Profit 16.10 17.30 17.20 16.60 Operating Income Net Income 12.50 12.90 12.10 12.70 12.80 11.60 11.80 11.80 I1.70 0.50 11.90 Restructuring charge (after tax) Net Income before restructuring Op Income before restructuring 1.30 1.00 0.90 L10 12.90 12.80 12.80 12.20 12.90 13.80 13.90 33.00 13 20 13 90 Total Assets 21.00 20.90 19.00 17.80 18.30 13,50 5.00 3 50 Total Liabilities 12.60 15,00 6.60 14.40 13.80 Long Term Debt Shareholder Equity 6.00 5.20 5.40 6.00 6.50 4.00 5.70 Treasury Stock at cost 3.50 6.10 5.20 5.30 5.20 29 32 29.00 28.54 28.29 28.04 Basic Earnings per share Cash Dividends per share 14.50 14.20 14.00 13.60 13,00 Closing Stock Price Shares Outstanding tbillions) 75,00 63.00 64 00 33.00 69.00 0.40 0.41 0.42 0.41 0.42 Using the above information, kindly prepare the following: a) Prepare the common-size financial statements (both common-size income statements and common-size balance'sheets) for all the years. Discuss your findings. Show
Section 1- Financial Analysis FSA Company's Summary Financial Data (In billions, except per share data) 2020 2019 2018 2017 2016 Net Sales 30.20 29.70 28.50 29.40 16.80 29 10 Gross Profit 16.10 17.30 17.20 16.60 Operating Income Net Income 12.50 12.90 12.10 12.70 12.80 11.60 11.80 11.80 I1.70 0.50 11.90 Restructuring charge (after tax) Net Income before restructuring Op Income before restructuring 1.30 1.00 0.90 L10 12.90 12.80 12.80 12.20 12.90 13.80 13.90 33.00 13 20 13 90 Total Assets 21.00 20.90 19.00 17.80 18.30 13,50 5.00 3 50 Total Liabilities 12.60 15,00 6.60 14.40 13.80 Long Term Debt Shareholder Equity 6.00 5.20 5.40 6.00 6.50 4.00 5.70 Treasury Stock at cost 3.50 6.10 5.20 5.30 5.20 29 32 29.00 28.54 28.29 28.04 Basic Earnings per share Cash Dividends per share 14.50 14.20 14.00 13.60 13,00 Closing Stock Price Shares Outstanding tbillions) 75,00 63.00 64 00 33.00 69.00 0.40 0.41 0.42 0.41 0.42 Using the above information, kindly prepare the following: a) Prepare the common-size financial statements (both common-size income statements and common-size balance'sheets) for all the years. Discuss your findings. Show
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter12: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12.2DC
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning