Selected data (in thousands) from the statement of income of Pembina Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 5.2%.) Sales 2024 2023 Amount Percentage Amount Percentage % % $1,933 $2,094 % % 1,683 do % ୫୧ % 331 411 % % 217 209 do % % 202 Cost of goods sold 1,602 Gross profit Operating expenses Income before income tax 114 % Income tax expense 23 23 40 40 % % % Net income $91 $162

Sundahl Companys income statements for the past 2 years are as follows: Refer to the information for Sundahl Company above. Required: Prepare a common-size income statement for Year 2 by expressing each line item for Year 2 as a percentage of that same line item from Year 1. (Note: Round percentages to the nearest tenth of a percent.)

The condensed income statements through income from operations for Dell Inc. and Apple Inc. for recent fiscal years follow (numbers in millions of dollars): Prepare comparative common-sized statements, rounding percents to one decimal place. Interpret the analyses.

The following selected information is taken from the financial statements of Arnn Company for its most recent year of operations: During the year, Arnn had net sales of 2.45 million. The cost of goods sold was 1.3 million. Required: Note: Round all answers to two decimal places. 1. Compute the current ratio. 2. Compute the quick or acid-test ratio. 3. Compute the accounts receivable turnover ratio. 4. Compute the accounts receivable turnover in days. 5. Compute the inventory turnover ratio. 6. Compute the inventory turnover in days.

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1.  Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to one decimal place. Enter all amounts as positive numbers. Fielder Industries Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1   20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent Sales $1,300,000 fill in the blank bcf5f3fbd02f054_1% $1,180,000 fill in the blank bcf5f3fbd02f054_2% Cost of goods sold 682,500 fill in the blank bcf5f3fbd02f054_3% 613,600 fill in the blank bcf5f3fbd02f054_4% Gross profit $617,500 fill in the blank bcf5f3fbd02f054_5% $566,400 fill in the blank bcf5f3fbd02f054_6% Selling expenses $260,000 fill in the blank bcf5f3fbd02f054_7% $188,800 fill in the blank bcf5f3fbd02f054_8% Administrative expenses 169,000 fill in the blank bcf5f3fbd02f054_9% 177,000 fill in the blank bcf5f3fbd02f054_10% Total operating expenses $429,000 fill in the blank…

Prepare a vertical analysis of the income statement data for Whispering Winds Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.1%.) WHISPERING WINDS CORPORATIONComparative Income StatementsFor the Years Ended December 31     2022   2021     $   Percent     $   Percent   Net sales   $688,000   Enter percentages %   $576,000   Enter percentages % Cost of goods sold   445,000   Enter percentages %   417,000   Enter percentages % Gross profit   243,000   Enter percentages %   159,000   Enter percentages % Operating expenses   145,000   Enter percentages %   108,000   Enter percentages % Net income   $98,000   Enter percentages %   $51,000   Enter percentages %

Horizontal analysis of the income statement Income statement data for Winthrop Company for two recent years ended December 31 are as follows: Current Year Previous Year Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income before income tax expense Income tax expense Net income $2,240,000 (1,925,000) $315,000 $(152,500) (118,000) $(270,500) $44,500 (17,800) $26,700 $2,000,000 (1,750,000) $250,000 $(125,000) (100,000) $(225,000) $25,000 (10,000) $15,000

Calculate the Sales Growth of the most recent year.  Enter answer as decimal (not percent.  Example:  .1234 is ok, 12.34% is not ok).

Here are the comparative income statements of Blossom Corporation. BLOSSOM CORPORATION Comparative Income Statement For the Years Ended December 31 Net sales Cost of goods sold Gross Profit Operating expenses Net income Net sales Cost of goods sold Gross Profit Operating expenses Net income (b) 2022 2022 $600,000 445,000 (a) Prepare a horizontal analysis of the income statement data for Blossom Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) 155,000 70,000 $ 85,000 445,000 155,000 70,000 2021 $500,000 400,000 $ 85,000 2021 100,000 $600,000 $500,000 40,000 $ 60,000 BLOSSOM CORPORATION Comparative Income Statement 400,000 100,000 40,000 $ $ 60,000 $ 2022 Increase or (Decrease) During 2022 Amount BLOSSOM CORPORATION Condensed Income Statements Percent + Prepare a vertical analysis of the income statement data for Blossom Corporation for both…