Make an analysis of the Consolidated Statements of operations. Are the sales increasing or decreasing? Is the net income increasing or decreasing? Are the basic Earnings Per Share increasing or decreasing? (Also connect with the Consolidated Statements of Shareholders’ Equity). Consider the reasonableness of your answer. Total shareholders' equity, beginning balancesCommon stock and additional paid-in capital:Beginning balancesApple Inc.CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY(In millions, except per share amounts)Common stock issuedCommon stock withheld related to net share settlement of equity awardsShare-based compensationEnding balancesRetained earnings:Beginning balancesNet incomeDividends and dividend equivalents declaredCommon stock withheld related to net share settlement of equity awardsCommon stock repurchasedCumulative effects of changes in accounting principlesEnding balancesAccumulated other comprehensive income/(loss):Beginning balancesOther comprehensive income/(loss)Cumulative effects of changes in accounting principlesEnding balancesTotal shareholders' equity, ending balancesDividends and dividend equivalents declared per share or RSU$$60September 25,202165,33950,7791,105(2,627)8,10857,36514,96694,680(14,431)(4,151)(85,502)5,562(406)569163$63,090 $0.85 $Years endedSeptember 26,202090,48845,174880(2,250)6,97550,77945,89857,411(14,087)(1,604)(72,516)(136)14,966(584)42136(406)$65,339 $0.795 $September 28,2019107,14740,201781(2,002)6,19445,17470,40055,256(14,129)(1,029)(67,101)2,50145,898(3,454)2,78189(584)90,4880.75 Net sales:ProductsServicesTotal net salesCost of sales:ProductsServicesTotal cost of salesGross marginOperating expenses:Apple Inc.CONSOLIDATED STATEMENTS OF OPERATIONS(In millions, except number of shares which are reflected in thousands and per share amounts)Research and developmentSelling, general and administrativeTotal operating expensesOperating incomeOther income/(expense), netIncome before provision for income taxesProvision for income taxesNet incomeEarnings per share:BasicDilutedShares used in computing earnings per share:BasicDiluted$$$$September 25,2021297,39268,425365,817192,26620,715212,981152,83621,91421,97343,887$108,949258109,20714,52794,680 $5.67 $5.61 $16,701,27216,864,919Years endedSeptember 26,2020220,747 $53,768274,515151,28618,273169,559104,95618,75219,91638,66866,28880367,0919,68057,411 $3.31 $3.28 $17,352,11917,528,214September 28,2019213,88346,291260,174144,99616,786161,78298,39216,21718,24534,46263,9301,80765,73710,48155,2562.992.9718,471,33618,595,651

Financial statements are source of knowledge and data and using data we can determine the future…

Answered: tal shareholders' equity, beginning…

tal shareholders' equity, beginning balances mmon stock and additional paid-in capital: $ September 25, 2021 65,339 $ Years ended September 26, 2020 90,488 $ Sept

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter14: Financial Statement Analysis

Section: Chapter Questions

Problem 26E: Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income...

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Common size Net sales Cost of sales Gross profit Selling, general and administrative expenses Other (income) expense, net Operating profit Interest expense, net. Income before income taxes Provision for income taxes Net income including interests Less: Net income attributable to interests Net income attributable to Dawning Company 2011 100.00 100.00 40.86 42.69 57.31 59.14 34.41 34.79 (0.05) 22.95 2010 0.31 22.64 7.38 15.26 0.38 22.04 2009 2008 2007 2006 7.18 14.86 100.00 100.00 41.23 41.20 58.77 58.80 0.72 1.93 22.42 23.59 34.46 34.84 35.70 3.61 20.35 0.75 0.50 23.08 19.60 100.00 100.00 40.41 41.08 59.59 58.92 7.44 6.31 15.64 13.29 4.04 19.84 1.25 18.59 35.21 5.49 18.22 Required: analyse and interpret the Common-Size Income statement on the company performance for the period 2006 to 2011 1.39 16.83 5.50 5.30 13.08 11.53 0.74 0.71 0.69 0.52 0.49 0.47 14.53 14.15 14.95 12.77 12.60 11.06
Preparing common-size income statement Data for Connor Inc and Alto Corp follow: Requirements Prepare common-size income statements. Which company earns more net income? Which company’s net income is a higher percentage or its net sales revenue?
Calculate the common-sized percentage 2023. for Gross Margin in
Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Target Corporation Income Statement Data for Year $65,357 45,583 15,101 707 (94) 1,384 $ 2,488 $18,424 26,109 Balance Sheet Data (End of Year) $44,533 $11,327 17,859 15,347 Walmart Inc. $44,533 $408,214 304,657 79,607 10,512 2,065 (411) 7,139 $ 14,335 $48,331 122,375 $170,706 $55,561 44,089 71,056 $170,706 Beginning-of-Year Balances $44,106 13,712 $163,429 65,682 55,390
Can you do 2022 income statement of this table? Statement of Profit or Loss and Other Comprehensive Income Presentation Currency Nature of Financial Statements Revenue Revenue from Finance Sector Operations Total Revenue Cost of Sales Cost of Finance Sector Operations Total Costs Gross Profit (Loss) from Commercial Operations Gross Profit (Loss) from Finance Sector Operations Gross Profit (Loss) Profit (Loss) From Operating Activities Profit (Loss) Before Financing Income (Expense) Profit (Loss) from Continuing Operations, Before Tax Profit (Loss) from Continuing Operations Profit (Loss) from Discontinued Operations Net Profit (Loss) Profit (Loss) Attributable To, Non- controlling Interests Profit (Loss) Attributable To, Owners of Parent Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) Total Comprehensive Income Attributable To, Non-controlling Interests Total Comprehensive Income Attributable To, Owners of Parent 2020/12 1000TL Consolidated 21.529.210 37.824.578…
Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income statement: Prepare the following for Anson Industries, Inc.: A. Income statement, including comprehensive income. B. Income statement and a separate statement of comprehensive income.
The measurement of earnings concept that consists of a companys profit from operations after taxed are subtracted is ________. A. ROI B. EPS C. EBITDA D. NOPAT
Sales Sales Revenue Less Net Sales Cost of Goods Sold Gross Profit Operating Expenses Salaries and Wages Expense Sales Discounts Depreciation Expense Utilities Expense Total Operating Expenses Income From Operations Other Revenues and Gains Interest Revenue Other Expenses and Losses Interest Expense Loss on Disposal of Plant Assets Income Before Income Taxes Income Tax Expense Net Income /(Loss) A V V V CULLUMBER COMPANY Income Statement For the Year Ended December 31, 2025 $ 1,856,400 -134,400 i 390,600 i 260,400 i 92,400 i -59,640 -54,600 i $ 1,722,000 -792,120 929,880 -743,400 i 186,480 54,600 -114,240 126,840 -25,200 i 101,640
EXHIBIT 2 Selected Financial Data for Tesla, Inc., Years Ended December 31, 2015-2019 (in millions, except per share data) Income Statement Data: Revenues: Automotive sales Automotive leasing Total automotive revenues Energy generation and storage. Services and other Total revenues Cost of revenues: Automotive sales Automotive leasing Total automotive cost of revenues Energy generation and storage Services and other Total cost of revenues. Gross profit (loss) Operating expenses: Research and development Selling, general and administrative Restructuring and other Total operating expenses. Loss from operations Interest income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes 2015 2 $3.432 309 3,741 14 291 4,046 Net loss Net loss attributable to noncontrolling interests and subsidiaries 2,640 183 2,823 12 287 3,123 924 7.189 922 1,640 (717) 2 (119) (42) (876) 13 $ (889) Years Ended December 31 2016 $5,589 $ 8,535 762 1.107 9,642 1.116 6,351…
Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes. Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets Sin Comparative Income Statements For Years Ended December 31 2021 $ 420,027 252,856 167,171 59,644 37,802 97,446 69,725 12,969 $ 56,756 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity Assets Current assets Long-term investments Plant assets, net. Total assets Liabilities and Equity Current liabaties Common stock Other paid-in capital Retained earnings Total liabilities and equity 2020 $ 321,775 202,718 KORBIN COMPANY Comparative Balance Sheets December 31 2021 119,057 44,405 28,316 72,721 46,336 9,499 $ 36,837 $ 55,286 0 102,674 $ 157,960 2020 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as answers to 2 decimal places.) 111.77 % 0.00 $ 37,003 700…
Revenue Cost of Sales Net Income attributed to Shareholders of PepsiCo or Coca-Cola Inventory Total Current Assets Total Assets Total Current Liabilities Total Liabilities Total Shareholders' Equity attributed to Shareholders of Pepsico or Coca-Cola Total Liabilities+Total Equity Total Equity (attributed to Shareholders of Parent and Non-controlling Interests) Gross Margin (%) Return on Revenue (%) Return on Assets (%) Return on Equity (%) Inventory Turnover Ratio Total Asset Turnover Ratio Debt to Equity Ratio Current Ratio 64,661 67,161 70,372 79,372 29,381 30,132 31,797 37,075 12,515 7,314 7,618 3,128 3,338 4,347 17,645 23,001 21,783 78,547 92,918 92,377 83,216 23,372 26,220 28,782 20,461 63,679 79,366 63,046 76,226 64,158 14,518 14,786 77,648 78,547 14,602 14,868 13,552 21,893 77,648 22,138 54.56% 7,120 4,172 34,300 37,266 14,619 13,067 8,920 3,379 20,411 86,381 26,973 55.13% 54.82% 53.29% 6,434 3,071 24,930 16,151 16,981 13,552 92,918 92,377 83,216 16,151 19,058 65,283 18,981…
Prepare common size income statements Which company earns more net income? Which companies net income has a higher percentage of its net sales revenue?