Chapter 3 Exercises

Q.  Using 2008 as the base year, prepare a trend analysis of the following data, and tell whether the situation shown by the trends is favorable or unfavorable. (Round your answers to one decimal place.).     2012 2011 2010 2009 2008 Net sales $25,520 $23,980 $24,200 $22,880 $22,000 Cost of goods sold 17,220 15,400 15,540 14,700 14,000 General and administrative expenses 5,280 5,184 5,088 4,896 4,800 Operating income 3,020 3,396 3,572 3,284 3,200

! Required information Use the following information to determine the prior year and current year trend percents for net sales using the prior year as the base year. ($ thousands) Net sales Cost of goods sold Current Year Prior Year $ 802,971 394,306 $ 454,365 135,325 Current Year: Prior Year: Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. (Enter the answers in thousands of dollars.) Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Denominator: Numerator: Analysis period cost of goods sold $ $ Check my work 394,306 / 135,325 / $ 454,365 Common-size percents 0 % 29.78 %

he following data represents the annual sales of a Digitech Automation products SAOG. Year 2014 2015 2016 2017 2018 Sales (in Millions) OMR 380 440 520 396 514 Use method of least squares to calculate the trend values and the forecast for the future period. Which of the following is the annual sales forecast for the year 2019 using least squares method? a. 539.6 Million OMR b. 584.4 Million OMR c. 606.8 Million OMR d. 562 Million OMR

Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.)  ($ thousands) CurrentYear PriorYear Net sales $ 453,100   $ 230,000   Cost of goods sold   222,019     68,080               Trend Percent for Net Sales:   Choose Numerator: / Choose Denominator:         /   = Trend Percent Current Year:   /   =   % Prior Year:   /   =   %

Use the following information for the Quick Studies below. (Algo) ($ thousands) Net sales Current Year $ 802,213 393,339 Prior Year $ 453,350 134,505 Cost of goods sold QS 13-7 (Algo) Trend percents LO P1 Determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.) Current Year: Prior Year: Numerator: Trend Percent for Net Sales: 1 1 1 Denominator: = = = Trend Percent 0% 0 %

Compute trend percents for the following accounts using 2015 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.

Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year a base year. (Enter the answers in thousands of dollars.) Current Prior ($ thousands) Year Year $1,155,080 $431,000 565,989 Net sales Cost of goods sold 127,576 Trend Percent for Net Sales: Choose Numerator: IChoose Denominator: Trend Percent %3D Current Year: %3D Prior Year: % %D

Use the CPI table below to answer the following questions: Year CPI 2007 (Base Year) 2008 2009 2010 2011 2012 2013 2014 100 4 a. If an item was worth $2,500 in 2009, how much was it worth in 2014? k 102.8 104.2 105.5 107.4 109.2 112.3 116.6 120.4 122.8 Round up to two decimal places b. If an item was $3,000 in 2010, how much was it worth in 2015? 2015 2016 7

Fill in the blanks with the number that corresponds to the correct word or phrse below: 1. Deflation 2. GDP deflator 3. Consumer price index (CPI) 4. base 5. Labor statistics 6. Employment cost index 7. dollar 8. Producer price index 9. International price index 10. Consumer expenditure survey 11. Percentage change 12. indices Price are created to calculate an overall average change in relative prices over time. To convert the money spent on the market basket of goods, to an index number, economists arbitrarily choose one year to be the year, or starting point from which we measure changes in prices. The year, by definition, has an index number equal to 100. The inflation rate is not derived by subtracting the index numbers, but rather through the calculation. Index numbers have no signs or other units attached to them. The most commonly cited measure of inflation in the United States is the The Bureau of is responsible for the computation of the Consumer Price Index. is a national…

Compute trend percent for the following accounts using 2018 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percent appears to be favorable or unfavorable.     2022  2021  2020  2019  2018  Sales  $282,880  $270,800  $252,600  $234,560  $150,000  Cost of goods sold    128,200    122,080    115,280    106,440      67,000  Accounts receivable      18,100      17,300      16,400      15,200        9,000

Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 446,122 $ 293,501 $ 242,563 $ 173,880 $ 128,800 Cost of goods sold 221,100 145,365 122,206 87,101 63,112 Accounts receivable 21,592 17,140 16,664 10,137 8,784 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.

Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Year as the base year Enter the answers thousands of dollars.

Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Sales $ 666,761 $ 432,962 $ 344,990 $ 249,090 $ 180,500 Cost of goods sold 329,263 213,901 172,445 124,054 88,445 Accounts receivable 32,138 25,242 23,632 14,547 12,328

If Year 1 sales equal $830, Year 2 sales equal $913, and Year 3 sales equal $1130, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is 110%. 136%. 91%. 124%.   eTextbook and Media

Using the income statement below, please compute the correct variance in total revenue (horizontal analysis) in Korean Won (Billion) and in percentage between the years ending 12/31/2023 and 12/31/2020 and chose the correct answer": yahoo/finance Search for news, symbols or companies a News Finance Sports More My Portfolio News Markets Research Personal Finance Videos Follow Compare News Research Chart Community Statistics Hyundai Motor Company (HYMTF) 60.50 -0.30 (-0.49%) At close: August 13 at 4:00 PM EDT Balance Sheet Cash Flow Dividends Historical Data All numbers in thousands יוויון Sustainability Breakdown Currency in KRW Annual Quarterly Download Collapse All 15 TTM 12/31/2023 12/31/2022 12/31/2021 12/31/2020 165,543,425,000 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 Total Revenue Operating Revenue Cost of Revenue Gross Profit Operating Expense 165,543,425,000 162,663,579,000 142,151,469,000 117,610,626,000 103,997,601,000 131.353,259,000 129.179.183.000…

Calculate the following ratios a. Liquid ratio.

Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be rounded to two decimals (e.g., 12.77%). > Answer is complete but not entirely correct. 2021 2020 2020-2021 Revenue 2,057,622 1,736,432 18.50 % Cost of Goods Sold 1,259,830 921,980 36.64 % Gross Profit 797,792 814,452 (1.02) % Operating Expenses 789,795 570,245 38.50 % Operating Income 7,997 244,207 2,953.73% Net Income 14,553 191,960 (92.42) %

Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable. Sales Cost of goods sold Accounts receivable Numerator: 2024 $ 754,236 372,126 36,731 Numerator: 1 2023 $ 499,494 246,502 29,121 Trend Percent for Net Sales: 1 1 1 1 1 1 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? 2022 $394,857 196,780 27,127 Prev Denominator: Trend Percent for Cost of Goods Sold: 1 Denominator: 5 of 8 2021 $ 265,005 131,752 15,529 = Next > 2020 $ 196,300 96,187 13,407 Trend percent % % % % %

Assume figures were presented for the past 5 years on merchandise sold at Chicago department and discount stores ($ million). Sales in 2022 were $3,154; in 2021, $3,414; in 2020, $3,208; in 2019, $3,152; and in 2018, $3,216. Using 2018 as the base year, complete a trend analysis. (Round your answers to the nearest whole percent.) 2022 2021 2020 2019 2018 Sales $ 3,154 $ 3,414 $ 3,208 $ 3,152 $ 3,216 Sales (in percent) % % % 100 %

1. Angel Trading presents the following sales figures in terms of units. 2014 10 000 2015 11 650 2016 12 395 2017 14 670 2018 18 485 2019 Required: Determine the projected sales on 2019 using either simple moving average or arithmetic geometric curve.

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Use the table to answer the question. Noting that 2010 is the base year, real GDP increased by what percentage? Use the midpoint formula for calculating percentages, and be sure to answer in percentage form, meaning if you calculate a decimal value like .05, multiply this by 100 to get "5" meaning "5 percent." Table: Peanut Butter and Jelly Economy Product 2010 Output 2010 Prices (base year) $1 per unit 2 per unit Peanut Butter Jelly 200 units 100 units Typed numeric answer will be automatically saved. Product Peanut Butter Jelly 2011 Output 250 100 2011 Prices $1.10 per unit 2.50 per unit

Suppose that someone has a salary of $201.150 in 2019, What would the equivalent salary be in 1979? (Simplify your an and round to the nearest thousand.) is needed to maintain the same standard of living

Price earning ratio: market price per common share/ earning per share 3388/ 42.64= 79.46 (Amazon 2020 year) 1847/ 23.46= 78.77 (Amazon 2019 year) 20.24 (Walmart 2020 year) Write financial analysis report.

The Table below summarizes the nominal and real GDP information for an economy for 2013 and 2014: 2013 2014 Nominal GDP $43,000 $51,000 Real GDP $38,700 $44,300 Between 2013 and 2014, what has happened to price levels in this economy? Select one: O a. The price level has risen. O b. The price level has remained constant. O . The price level has fallen. O d. Not enough information is available to determine what has happened to prices.