The following information relates to Westline Traders for a trading year. Calculate the overhead expenses as a percentage of the net sales. Details Sales Purchases Sales Returns Purchases Returns Amount $625,000 $410,000 $25,000 $30,000 Opening Stock Value $50,000 Closing Stock Value $55,000 Overhead Expenses $205,000

If the net sales

The following information relates to Westline Traders for a trading year. Calculate the overhead expenses as a percentage of the net sales. Details Sales Purchases Sales Returns Purchases Returns Amount $625,000 $410,000 $25,000 $30,000 Opening Stock Value $50,000 Closing Stock Value $55,000 Overhead Expenses $205,000

Calculate the overhead expenses as a percentage of the net sales.

Calculate the activity and liquidity ratios for P for the year ended 31 December 20X9. Revenue Gross profit Inventory Trade receivables Trade payables Cash Short-term investments Other current liabilities $m 1,867.5 489.3 147.9 393.4 275.1 53.8 6.2 284.3 Current ratio= Current assets Current liabilities Inventory days Inventory days = inventory+ cost of sales × 365 Receivable days Receivable days - receivables + credit sales x 365 Payable days Payable days = payables ÷ credit purchases x 365.

Operating data for Cheyenne Corp. are presented below. 2022 2021 Sales revenue $831,900 $629,500 Cost of goods sold 529,700 410,900 Selling expenses 125,400 74,300 Administrative expenses 79,400 52,000 Income tax expense 37,000 24,500 Net income 60,400 67,800 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.)

Prepare a statement of retained earnings for 2019

Operating data for Riverbed Corp are presented below.     2022   2021 Sales revenue   $850,500   $643,000 Cost of goods sold   529,000   409,600 Selling expenses   121,800   75,900 Administrative expenses   73,300   50,700 Income tax expense   33,000   23,500 Net income   93,400   83,300 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.) RIVERBED CORPCondensed Income Statementchoose the accouning period                                                           For the Years Ended December 31December 31For the Month Ended December 31   2022   2021   Amount   Percent   Amount   Percent Sales $850,500   enter percentages %   $643,000   enter percentages % Cost of goods sold 529,000   enter percentages %   409,600   enter percentages % Gross profit 321,500   enter percentages %   233,400   enter percentages % Selling…

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 %

General accounting