With the help of accounting ratios, Critically analyse the Solvency performance of the Apple company.
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With the help of accounting ratios, Critically analyse the Solvency performance of the Apple company.
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- Calculate the EBIT which should be used for the EV / EBIT multiple given the information below: Net revenues Cost of sales Gross Profit Selling, general and administrative expenses Amortization expense Restructuring costs Acquisition-related costs Asset impairment charges Gain on sales of assets Operating income Interest expense, net Loss on early extinguishment of debt Other expense, net Income (loss) before taxes (Benefit) provision for income taxes Net income (loss) Select one: 1,394,8 1,444.4 1,474.3 S 1,419.6 5,248.1 1,746.0 3,502.1 2,027.8 During fiscal 2050, the company sold assets relating to the Cutey brand for a total disposal price of $29.2. The Company allocated $4.2 of goodwill to the brand as part of the sale. The Company recorded a gain of $24.8 which has been reflected in Gain on sales of assets in the Consolidated Statement of Operations for the fiscal year ended June 30, 2050. 79.5 86.9 174.0 5.5 (24.8) 1,153.2 81.9 3.1 30.4 1,037.8 (40.4) 1,078.2Can 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…Matching Concept: Expenses & Revenues How does sales salaries expense directly relate to revenue? Please explain.
- Compute for the net sales that would be reported in LIVA company's Income StatemenThe trial balance of Rollins Inc. included the following accounts as of December 31, 2021: Credits 5, 200, 000 36, 500 Debits Sales revenue Interest revenue Loss on sale of investments Loss on debt investments Gain on projected benefit obligation Cost of goods sold Selling expense Restructuring costs Interest expense General and administrative expense 20, 000 122, 000 225, 000 3,770,000 330,000 145, 000 10, 000 230, 000 The loss on debt investments represents a decrease in the fair value of debt securities and is classified as part of other comprehensive income. Rollins had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%. Required Prepare a 2021 single, continuous statement of comprehensive income for Rollins Inc. Use a multiple-step income statement format: (Amounts to be deducted should be indicated with a minus sien. Roind Earnings per share answer to 2 decimal places. ROLLINS INC Statement of…Using the information from BDS Enterprises, prepare the income statement to include all costs, but separate out uncontrollable costs. Insert subtotals where appropriate (include one for operating income) before the uncontrollable costs. Income tax expense should be based on all expenses (that is, it will be the same amount as in question 1). Calculate net income, profit margin, ROI, and RI, excluding uncontrollable expenses. Prepare a short response to accompany the income statement that explains why uncontrollable costs are separated in the income statement.
- QUESTION 22 Which of the following is an incorrect statement? Revenue - Operating Income = Gross Margin Revenue = Price * Qty sold or TR = P*Q EAT = EBT - Taxes Income - Expenses = Operating Income Revenue - CGS = Gross ProfitDATA RECOVERY SERVICES Partial Income Statement Total service revenues Net service revenuesTopic: Single entry Requirement: - Compute the expenses - Compute the gross sales - Compute the net income
- Show Net profit statement and SFPEXHIBIT 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…Transaction Net Sales Gross Profit Income from Operations a. b.