You are given the following information about Sandhill Plumbing Company. Revenues in 2017 totaled $ 917, depreciation expenses $ 85, costs of goods sold $ 399, and interest expenses $ 62. At the end of the year, current assets were $ 150 and current liabilities were $ 111. The company has an average tax rate of 34 percent. Calculate its net income by setting up an income statement. (Round answers to 2 decimal places, e.g. 15.25)

The following table shows an abbreviated income statement and balance sheet for McDonald's Corporation for 2012.   INCOME STATEMENT OF MCDONALD’S CORP., 2012 (Figures in $ millions)   Net sales 27,574     Costs 17,576     Depreciation 1,409           Earnings before interest and taxes (EBIT) 8,589     Interest expense 524           Pretax income 8,065     Taxes 2,628           Net income 5,437             BALANCE SHEET OF MCDONALD’S CORP., 2012 (Figures in $ millions)   Assets 2012   2011   Liabilities and Shareholders' equity 2012   2011     Current assets                 Current liabilities                   Cash and marketable securities   2,343       2,343     Debt due for repayment   —       388       Receivables   1,382       1,342     Accounts payable   3,410       3,150                                           Inventories   129       124     Total current liabilities   3,410       3,538       Other current assets…

1. Please complete a full income statement from the data

Judon Corp. provides the following information from its annual report. Assume all revenues are credit sales. The cost of revenues can be used as an approximation of the company's purchases for the year. Revenues  $ 546,190 Cost of revenues  $ 340,275 Inventories as of 31 January 2022  $44,064 Inventories as of 31 January 2021  $41,020 Accounts payable as at 31 January 2022  $58,600 Accounts payable as at 31 January 2021  $51,800 Accounts receivable as at 31 January 2022  $7,482 Accounts receivable as at 31 January 2021  $5,434   Compute the following financial ratios for Judon Corp for 2022 1. Account Receivable Turnover Ratio (Times)? 2. Collection Interval (DSO) / Days? 3. Inventory Turnover Ratio (Times) ? 4. Holding Interval (Days) ? 5. Account Payable  Turnover Ratio (Times)? 6.Payment Interval (Days)? 7. Does Judon Corp need short-term financing?

The following information is taken from the records of Erie Corp.(in thousands) for the year ended on December 31:        2019      2018 Sales      $1,397      $1,122 Cost of Goods Sold      935      814 Selling Expenses      154      121 General Expenses      88      77 Other Revenue      4      7 Interest Expense      2      9 Income Taxes      134      66 After preparing a vertical analysis of this income statement data, what were the favorable and unfavoralbe changes?

Gildan Activewear Inc. reported the following selected financial information (all in U.S. $ millions): sales of $2,909 in 2018, $2,751 in 2017, and $2,585 in 2016. The company also reported net income of $351 in 2018, $362 in 2017, and $347 in 2016. Assets at the end of 2018 were $3,005; at the end of 2017, $2,981; and at the end of 2016, $2,990. Calculate Gildan's (1) asset turnover, (2) profit margin, and (3) return on assets for 2018 and 2017. (Round answers to 1 decimal place, e.g. 5.2.) ($ in U.S. millions) 2018 2017 times times (1) Asset turnover % % (2) Profit margin % (3) Return on assets %

For the FY 2016, Alpha Company had net sales of $950,000 and a net income of $65,000, paid income taxes of $30,000, and had before-tax interest expense of $15,000. Use this information to determine the: 1. Times Interest Earned Ratio. 2. Profit Margin.

LeapFrog Enterprises Inc. had the following quarterly net in- comes during its 2013 fiscal year. (Source: Leapfroginvestors. com) Quarter of Fiscal 2013 Net Income (in millions) First -$3.0 Second -$3.2 Third $26.4 Fourth $63.9 What was the total net income for fiscal year 2013?

Following are income statements for Hossa Corporation for 2017 and 2016. Percentage of sales amounts are also shown for each operating expense item. Hossa’s income tax rate was 38% in 2016 and 40% in 2017.   How do you calculate the cause of change analysis past sales?

The Cullumber Supply Company reported the following information for 2017. Prepare a common-size income statement for the year ended June 30, 2017. (Round answers to 1 decimal place, e.g. 52.7%.) Cullumber Supply CompanyIncome Statement for the Fiscal Year Ended June 30, 2017($ thousands)         % of Net Sales   Net sales   $2,111,000   enter percentages of net sales %   Cost of goods sold   1,464,000   enter percentages of net sales %   Selling and administrative expenses   312,200   enter percentages of net sales %   Nonrecurring expenses   27,600   enter percentages of net sales %   Earnings before interest, taxes, depreciation, and amortization (EBITDA)   $307,200   enter percentages of net sales %   Depreciation   117,000   enter percentages of net sales %   Earnings before interest and taxes (EBIT)   190,200   enter percentages of net sales %   Interest expense   118,600   enter percentages of net sales %   Earnings before taxes (EBT)…